Y - Alleghany Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

Alleghany Corporation

1411 Broadway
34th Floor
New York, NY 10018
United States
212-752-1356
http://www.alleghany.com

SectorFinancial Services
IndustryInsurance—Property & Casualty
Full Time Employees9,300

Key Executives

NameTitlePayExercisedYear Born
Mr. Weston M. Hicks CFAPres, CEO & Director3.36MN/A1957
Mr. Christopher Kent Dalrymple Esq.Sr. VP, Gen. Counsel & Sec.1.49MN/A1968
Mr. Joseph Patrick BrandonExec. VP2.77MN/A1959
Ms. Kerry Josephine JacobsSr. VP, CFO & Chief Risk OfficerN/AN/AN/A
Mr. Jerry Gennaro BorrelliVP of Fin. & Chief Accounting OfficerN/AN/A1966
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance. It distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, as well as umbrella/excess, general, management, and professional liability lines; surety products comprising commercial and contract surety bonds; and workers' compensation insurance products. It distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The Alleghany Capital segment manufacturer/remanufacturer of specialty machine tools, as well as custom trailers and truck bodies for the moving and storage industry, and other markets; and operates as a toy, and entertainment and musical instrument company. It also provides technical engineering services for pharmaceutical and biotechnology industries; products and services for the funeral and cemetery industries, and precast concrete markets; and hotel management and development services, as well as operates as a structural steel fabricator and erector. The company also explores for and produces oil; and owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2018, it owned approximately 125 acres of property. Alleghany Corporation was founded in 1929 and is based in New York, New York.

Corporate Governance

Alleghany Corporation’s ISS Governance QualityScore as of October 4, 2019 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.