Inactive Instrument

Alleghany Corporation

Y

US0171751003

Alleghany Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

August 04, 2022 at 04:47 pm EDT

Alleghany Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 2,596.89 million compared to USD 2,928.8 million a year ago. Net loss was USD 171.61 million compared to net income of USD 403.65 million a year ago. Basic loss per share from continuing operations was USD 12.75 compared to basic earnings per share from continuing operations of USD 29 a year ago. Diluted loss per share from continuing operations was USD 12.75 compared to diluted earnings per share from continuing operations of USD 29 a year ago.
For the six months, revenue was USD 5,315.63 million compared to USD 5,582.51 million a year ago. Net loss was USD 45.93 million compared to net income of USD 633.69 million a year ago. Basic loss per share from continuing operations was USD 3.41 compared to basic earnings per share from continuing operations of USD 45.41 a year ago. Diluted loss per share from continuing operations was USD 3.41 compared to diluted earnings per share from continuing operations of USD 45.41 a year ago.

Latest news about Alleghany Corporation

Starr Insurance’s Senior Investment Officer John Patin Leaves; John Shannon Names as Successor	23-04-04	CI
Alleghany Corporation(NYSE:Y) dropped from S&P Insurance Select Industry Index	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P 400	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P Composite 1500	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P Global BMI Index	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P 1000	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P 400 Financials	22-10-20	CI
Alleghany Corporation(NYSE:Y) dropped from S&P TMI Index	22-10-20	CI
Berkshire Hathaway Completes Alleghany Acquisition	22-10-19	MT
Alleghany Corporation(NYSE:Y) dropped from FTSE All-World Index	22-10-19	CI
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Alleghany Corporation (NYSE:Y) from Kirby family, BlackRock, Inc., The Vanguard Group, Inc., Victory Capital Management Inc. and others.	22-10-18	CI
Sector Update: Energy Stocks Rising Modestly Late in Tuesday Trading	22-10-18	MT
Sector Update: Energy Stocks Higher Tuesday Amid Crude Oil Retreat	22-10-18	MT
Sector Update: Energy Stocks Climb Premarket Tuesday	22-10-18	MT
Sector Update: Energy	22-10-18	MT
Antero Resources to Replace Alleghany in S&P MidCap 400	22-10-18	MT
Antero Resources to Replace Alleghany in S&P MidCap 400	22-10-17	DJ
Berkshire Gets Regulatory Approval to Buy Alleghany	22-10-14	DJ
Berkshire Hathaway's Proposed Acquisition of Alleghany Gets European Commission Clearance	22-09-26	MT
Berkshire Hathaway's Alleghany Buy Gets EU Commission Approval	22-09-26	MT
Alleghany Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-04	CI
Alleghany Corporation Enters into A Material Definitive Agreement	22-06-27	CI
Alleghany Shareholders Approve Berkshire Hathaway's $848.02/Share Acquisition	22-06-09	MT
Buffett's Berkshire buys Citigroup and several other stocks, slashes Verizon	22-05-16	RE
Alleghany Q1 Adjusted EPS, Revenue Increase in Q1	22-05-06	MT

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Company Profile

Alleghany Corporation owns and supports operating subsidiaries and manages investments. The Company is engaged in the property and casualty, reinsurance and insurance business through its wholly-owned subsidiary, Alleghany Insurance Holdings LLC (AIHL). The Company's segments include reinsurance, insurance and Alleghany Capital. The reinsurance segment consists of property and casualty reinsurance operations conducted by TransRe's reinsurance operating subsidiaries. It consists of two product lines, property, and casualty & specialty. Property includes fire; allied lines; auto physical damage; and homeowners multiple peri. Casualty & specialty include medical malpractice; ocean marine, and credit. The insurance segment consists of property and casualty insurance operations conducted in the U.S. by AIHL through RSUI and CapSpecialty. The Alleghany Capital segment consists of industrial operations, non-industrial operations and corporate operations at the Alleghany Capital level.

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