OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa- (Superior) of Transatlantic Reinsurance Company (New York, NY) and its subsidiaries (collectively referred to as TransRe). In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of a- (Excellent) of Alleghany Corporation (Alleghany) [NYSE:Y] and Transatlantic Holdings, Inc
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NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, IPS-Integrated Pr
Alleghany (Y) holds potential to reap benefits driven by higher premiums from automobile- business and solid financial position, offset by elevated expenses and cat loss.
NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the third quarter of 2021 after the market closes on Thursday, No
Alleghany Corporation stock currently trades at $628 per share, approximately 25% below its pre-Covid-19 peak, and seems like a good investment opportunity. Alleghany, which mainly offers property and
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that its Board of Directors has elected Chris H.
Forward returns on the S&P 500 appear to be headed well into negative territory as per our estimates. We discuss Alleghany Corporation today, a company that we see handily beating the S&P 500 returns.
NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that Joseph P. Brandon, its President, will participate virtually in a fireside chat at the Keefe, Bruyette & W
Alleghany (Y) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.
NEW YORK, Aug. 10, 2021 /PRNewswire/ -- Alleghany Corporation ("Alleghany") (NYSE-Y) today announced that it has priced its public offering of $500 million of 3.250% Senior Notes due 2051 (the "Senio
Alleghany (Y) Q2 results reflect growth in premiums and net investment income, partially offset by higher expenses.
NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the second quarter ended June 30, 2021.  A complete, full-text news release for Allegha
NEW YORK, July 9, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the second quarter of 2021 after the market closes on Thursday, Au
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