U.S. Markets close in 1 hr

Alleghany: 1Q Earnings Snapshot

NEW YORK (AP) _ Alleghany Corp. (Y) on Thursday reported first-quarter earnings of $171.6 million.

The New York-based company said it had net income of $11.04 per share. Earnings, adjusted for non-recurring costs, came to $11.24 per share.

The property and casualty insurance provider posted revenue of $1.58 billion in the period.

Alleghany shares have fallen nearly 5 percent since the beginning of the year. The stock has dropped nearly 8 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on Y at https://www.zacks.com/ap/Y