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Blue Chip Growth

Stock Report: Alleghany Corporation (Y) Report Updated: Oct 19, 2014 | Print This Page

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Alleghany Corporation (Y)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Insurance
Competitors: FNF, ALL, FAC, UIHC
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Company Profile

Alleghany Corporation, through its subsidiaries, engages in the property and casualty, and surety insurance business in the United States. It underwrites specialty insurance coverages in the property, umbrella/excess, general liability, directors and officers liability, and professional liability lines of business. The company also writes surety products, such as commercial surety bonds and contract surety bonds; underwrites workers’ compensation insurance; and provides reinsurance services. In addition, it owns and manages improved and unimproved commercial land, and residential lots in the Sacramento, California. As of December 31, 2011, the company owned approximately 320 acres of property in various land use categories ranging from multi-family residential to commercial. Alleghany Corporation was founded in 1929 and is based in New York, New York.

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