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Alleghany Corporation (Y)

NYSE - NYSE Delayed Price. Currency in USD
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705.80+7.09 (+1.01%)
At close: 4:00PM EDT
705.80 0.00 (0.00%)
After hours: 04:20PM EDT

Alleghany Corporation

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

Sector(s)Financial Services
IndustryInsurance—Property & Casualty
Full Time Employees10,407

Key Executives

NameTitlePayExercisedYear Born
Mr. Weston M. Hicks CFACEO & Director3.56MN/A1957
Mr. Joseph Patrick BrandonPres2.35MN/A1959
Ms. Kerry Josephine JacobsExec. VP & CFO1.17MN/A1979
Mr. John Francis ShannonSr. VP & Chief Investment Officer806.18kN/A1979
Mr. Christopher Kent Dalrymple Esq.Sr. VP, Gen. Counsel & Sec.1.47MN/A1968
Mr. Jerry Gennaro BorrelliVP of Fin. & Chief Accounting OfficerN/AN/A1966
Mr. Dale JamesVP of Corp. Fin. & Chief Risk OfficerN/AN/AN/A
Ms. Stela BurghartVP,Chief Compliance Officer, Associate Gen. Counsel & Assistant Sec.N/AN/AN/A
Ms. Rebekah EdwardsVP & Head of Internal AuditN/AN/AN/A
Mr. Peter R. SismondoVP, Controller & Assistant Sec.N/AN/A1956
Amounts are as of December 31, 2020 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, directors' and officers', 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 provides precision automated machine tool solutions; manufactures 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 offers various 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 owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2020, it owned approximately 106 acres of property. The company was founded in 1929 and is based in New York, New York.

Corporate Governance

Alleghany Corporation’s ISS Governance QualityScore as of June 1, 2021 is 3. The pillar scores are Audit: 4; Board: 1; Shareholder Rights: 7; Compensation: 2.

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.