|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||623.78 - 631.58|
|52 Week Range||549.00 - 659.88|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||31.49|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||675.00|
A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of Transatlantic Reinsurance Company and its subsidiaries (collectively referred to as TransRe). In addition, A.M. Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of “a-” of Alleghany Corporation (Alleghany) [NYSE: Y] and Transatlantic Holdings Inc. TransRe and Alleghany are headquartered in New York, NY.
The New York-based company said it had profit of $19.07 per share. Losses, adjusted for non-recurring gains, came to $1.07 per share. The property and casualty insurance provider posted revenue of $2.18 ...
NEW YORK , Nov. 1, 2018 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced its financial results for the three months ended September 30 , 2018. A complete, full-text news release for Alleghany's ...
In 2004 Weston Hicks was appointed CEO of Alleghany Corporation (NYSE:Y). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we’ll look Read More...
Insurers' third-quarter performance is likely to be supported by a favorable operating environment, although catastrophe loss can be a drag.
NEW YORK, Oct. 25, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK , Oct. 15, 2018 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that it will host an Investor Day in New York City on Thursday, November 8, 2018 beginning at 8:00 a.m. ET and concluding ...
Alleghany's (Y) top-line improvement, strategic initiatives and a robust capital position continue to encourage investors. However, exposure to cat loss persists to be a spoiler.
Marsh & McLennan's (MMC) arm Marsh & McLennan Agency LLC acquires Eustis Insurance & Benefits to boost the company's portfolio and fortify its footprint in Louisiana.
The company's $2.5 billion portfolio includes over 100 properties with nearly 15,000 rooms in North America, operating with approximately 5,000 associates.
Torchmark (TMK) continues to gain from premium growth, strong segmental performances and a robust capital position. However, rising administrative costs remain a dampener.
NEW YORK, Oct. 1, 2018 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has acquired a majority interest in Concord Hospitality Enterprises Company ("Concord"), a leading hotel management and development company headquartered in Raleigh, North Carolina. Founded in 1985, Concord manages over 100 properties and nearly 15,000 rooms across North America, working with leading brands including Marriott, Hilton, Hyatt, Choice, and InterContinental, as well as a diversified group of experienced hotel owners and investors. "This transaction presents Concord with an exciting opportunity to continue to expand while remaining committed to the values that have guided us over the past three decades and have created our thriving culture," said Mark Laport.
NEW YORK , Oct. 1, 2018 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the third quarter of 2018 after the market closes on Thursday, November ...
Alleghany Corporation (NYSE:Y), which is in the insurance business, and is based in United States, saw a decent share price growth in the teens level on the NYSE over theRead More...
Higher net premiums earned, increase in net investment income and the impact of lower tax rate offset rise in expenses, aiding Progressive's (PGR) earnings for August.
Alleghany's (Y) unit TransRe purchases exclusive renewal rights of Maiden Holdings' U.S. treaty reinsurance underwriting. This in turn, will add capabilities to its portfolio.
NEW YORK, Aug. 29, 2018 /PRNewswire/ -- TransRe has acquired the exclusive renewal quotation rights to all of Maiden Re's U.S. treaty customers from their diversified business (which does not include reinsurance assumed from AmTrust) and has hired the U.S. treaty team from Maiden Re.. TransRe will immediately offer renewal quotations on this treaty book of business, which is focused on regional property and casualty, accident and health and personal auto insurers. To ensure a successful transition for customers and brokers, Tom Highet, previously President of Maiden Reinsurance North America, and a team of underwriters, actuaries and claims personnel will join TransRe and operate from new offices in Mt Laurel, New Jersey. Mr. Highet, who was with Maiden Re (previously GMAC Re) for thirty years, has been appointed Executive Vice President and will report to Ken Brandt, President of TransRe North America.
Rising revenues, solid inorganic growth profile and a robust capital position are key to make Alleghany (Y) a huge success and attractive to its investors.
On a comparative appraisal, we try and find out which stock, Alleghany (Y) or W.R. Berkley (WRB), is a more profitable bet on the basis of fundamentals.
American Financial's (AFG) move to hike dividend by 14% is in tandem with its capital management strategy of returning excess capital to shareholders through dividends.
Higher premiums, growing in-force portfolio and a solid liquidity position add an impetus to NMIH Holding's (NMIH) share price performance in the past 12 months.