Alleghany: 4Q Earnings Snapshot

NEW YORK (AP) _ Alleghany Corp. (Y) on Wednesday reported a fourth-quarter loss of $712.1 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of $48.30 per share. Losses, adjusted for non-recurring costs, came to $4.35 per share.

The property and casualty insurance provider posted revenue of $1.23 billion in the period. Its adjusted revenue was $1.43 billion.

For the year, the company reported profit of $39.5 million, or $2.62 per share. Revenue was reported as $5.48 billion.

Alleghany shares have climbed slightly more than 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $650.82, a climb of 10 percent in the last 12 months.

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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