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Alleghany Corporation, a wholly-owned subsidiary of Berkshire Hathaway, owns and supports property and casualty reinsurance and insurance operating subsidiaries. With almost $9.4 billion of gross premiums written (GPW) in 2023, Alleghany and its subsidiaries are leading providers in the reinsurance, excess and surplus and specialty insurance ...
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Alleghany Corporation, a wholly-owned subsidiary of...
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Alleghany Corporation. 1411 Broadway, 34 th Floor New York,...
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Our History - Alleghany Corporation - Corporate Overview
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- About Alleghany
Alleghany Corporation. Alleghany Corporation is an American investment holding company originally created by the railroad entrepreneurs Oris and Mantis Van Sweringen as a holding company for their railroad interests. It was incorporated in 1929 [2] and reincorporated in Delaware in 1984. [3]
- 1929; 94 years ago
- US$12.00 billion (2021)
- 13,313 (2021)
Oct 19, 2022 · Berkshire Hathaway Inc. (NYSE:BRK.A; BRK.B) and Alleghany Corporation (NYSE:Y) today announced the completion of Berkshire Hathaway’s acquisition of Alleghany. Holders of Alleghany common stock as of immediately prior to the closing of the transaction are entitled to receive $848.02 per share in cash, representing a total equity value of approximately $11.6 billion. Upon the closing of the ...
Mar 21, 2022 · Warren Buffett just announced his biggest deal since 2016. Berkshire Hathaway said Monday morning it agreed to buy insurance company Alleghany for $11.6 billion, or $848.02 per share, in cash. The ...
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Mar 21, 2022 · Alleghany's subsidiary Alleghany Capital Corporation owns and supports a diverse portfolio of eight non-financial businesses. Forward-looking Statements. This release contains disclosures, which may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Mar 21, 2022 · Berkshire Hathaway Inc. (BRK.A, BRK.B) announced on March 21, 2022, that it is acquiring insurance company Alleghany Corporation (Y) for $11.6 billion, paying $848.02 in cash per share. The deal is expected to close in the fourth quarter of 2022, subject to approval by Alleghany's shareholders and regulators.
Jun 9, 2022 · Share this article. NEW YORK, June 9, 2022 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that its stockholders voted to approve and adopt the Agreement and Plan of Merger, dated ...