Alleghany

Alleghany is a property-and-casualty reinsurance company that executes certain private capital investments. It operates through two segments: reinsurance and insurance. The reinsurance segment offers reinsurance services for a range of property insurance products, such as fire, allied lines, auto physical damage, and homeowners multiple peril lines; and casualty and other products, including liability, medical malpractice, ocean marine and aviation, auto liability, accident and health, surety, and credit. This segment provides property and casualty reinsurance to insurers and reinsurers through brokers and on a direct basis to ceding companies. The insurance segment underwrites specialty insurance coverages in the property, umbrella/excess liability, general liability, directors and officers liability, and professional liability lines of insurance; surety products, such as commercial surety bonds and contract surety bonds; and workers’ compensation insurance. This segment offers its products through insurance brokers, and independent and general insurance agents. The company also manufactures and remanufactures/retrofits precision machine tools and supplies replacement parts; owns and manages properties comprising improved and unimproved commercial land, and residential lots in Sacramento, California; and manages, sources, executes and monitors private equity investments. As of December 31, 2012, it 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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alleghany Corp (NYSE: Y) shares are trading significantly higher Monday morning after Berkshire Hathaway Inc (NYSE: BRK-A) announced it would acquire the company. Under the terms of the agreement, Berkshire will acquire all outstanding shares of Alleghany for $848.02 per share in cash, .

Why Alleghany Shares Are Surging Today

The insurer's stock is up big today on news that it is being acquired by Berkshire Hathaway in a friendly takeover. The post Why Is Alleghany Corporation (Y) Stock Up Today?

Why Is Alleghany Corporation (Y) Stock Up Today?

Berkshire Hathaway Inc (NYSE:BRK.B), the investment giant run by Warren Buffett, has agreed to acquire insurer and reinsurer Alleghany Corporation $11.6bn. As part of the definitive agreement between the two firms, Berkshire will purchase all outstanding Alleghany shares for $848.02 in cash.

Berkshire Hathaway snaps up insurer for US$11.6bn cash

Warren Buffett makes an $11.6 billion acquisition of a company he's watched for 60 years.

Berkshire Finds Another Elephant in Alleghany

"Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years," Buffett said.

Warren Buffett's Berkshire Hathaway agrees to buy insurer Alleghany for nearly $12 billion

Warren Buffett's Berkshire Hathaway is buying insurance company Alleghany Corporation for $11.6 billion, or $848.02 per share in case, the company announced on Monday.

Warren Buffett's Berkshire Hathaway to buy Alleghany for $11.6B

Warren Buffett picked the industry he arguably knows best, insurance, for his first major deal in two years.

Warren Buffett's Berkshire Hathaway strikes $11.6 billion deal for reinsurer Alleghany Corp.

Berkshire Hathaway will pay $848.02 a share for Alleghany, a reinsurance company.

Berkshire Hathaway to Buy Reinsurer Alleghany

Berkshire Hathaway to Buy Reinsurer Alleghany for $11.6 Billion

Warren Buffett's Berkshire Hathaway Inc said on Monday it plans to buy all the shares of Alleghany Corporation in an all-cash deal valued at $11.6 billion.

Berkshire Hathaway to acquire Alleghany in $11.6 billion deal

Berkshire Hathaway BRK.A, -1.05% BRK.B, -0.74% struck an $11.6 billion, all-cash deal to buy property-and-casualty reinsurance company Alleghany Corp. Y, -0.08% , the companies announced Monday. The $848.02 per share price is 1.26 times book value as of Dec. 31 and a 29% premium to its average price over the last 30 days, the companies said.

Berkshire Hathaway to buy Alleghany Corp. for $11.6 billion

OMAHA, Neb. & NEW YORK--(BUSINESS WIRE)--Berkshire Hathaway (NYSE:BRK.A; BRK.B) and Alleghany Corporation (NYSE:Y) today jointly announced they have entered into a definitive agreement under which Berkshire Hathaway will acquire all outstanding Alleghany shares for $848.02 per share in cash. The transaction, which was unanimously approved by both Boards of Directors, represents a total equity value of approximately $11.6 billion. The acquisition price represents a multiple of 1.26 times Allegha

Berkshire Hathaway to Acquire Alleghany Corporation for $848.02 Per Share in $11.6 Billion Transaction

We stayed out of Alleghany Corporation last time we wrote about it.

Alleghany Corporation: Valuation Is In The Right Zone

NEW YORK, Feb. 23, 2022 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced its financial results for the fourth quarter and full year ended December 31, 2021. A complete, full-text news release for Alleghany's 2021 fourth quarter and full year results is available on Alleghany's website at www.alleghany.com and is also contained in a Current Report on Form 8-K that has been filed with the U.S. Securities and Exchange Commission (the "SEC") and is available on the SEC's website at www.sec.gov.

Alleghany Corporation Reports 2021 Fourth Quarter and Full Year Results - Notice

NEW YORK, Feb. 1, 2022 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the fourth quarter and full year of 2021 after the market closes on Wednesday, February 23, 2022.  In conjunction with the release, Alleghany will post its financial supplement to the company's website at www.alleghany.com.

Alleghany Corporation to Announce 2021 Fourth Quarter and Full Year Results on February 23, 2022

SUNRISE, Fla., Jan. 6, 2022 /PRNewswire/ -- Jazwares, a global leader in toys and licensing, today announced that Jeremy Padawer joins the c-suite as Chief Brand Officer, effective immediately.

JAZWARES NAMES JEREMY PADAWER CHIEF BRAND OFFICER

NEW YORK, Jan. 4, 2022 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, announced that its subsidiary, Wilbert Funeral Services, Inc. ("Wilbert"), a leading provider of products and services for the funeral and cemetery industries and precast concrete markets, acquired Memorial Monuments & Vaults, Inc. ("Memorial Monuments") on December 29, 2021.  Headquartered in Meridian, Idaho, Memorial Monuments is a provider of monuments and related funeral services to retail, funeral home, and cemetery customers.

Alleghany Capital Corporation Announces Wilbert's Acquisition of Memorial Monuments

NEW YORK, Jan. 3, 2022 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today confirmed that President Joseph P. Brandon assumed the additional role of Chief Executive Officer and was appointed to the Board of Directors effective December 31, 2021, consistent with the company's previously announced succession plan.

Alleghany Corporation Completes Chief Executive Officer Transition

SUNRISE, Fla., Dec. 20, 2021 /PRNewswire/ -- Jazwares, a leading global toy company laser-focused on bringing content to life through innovative play experiences, today announced the launch of Squishmallows® on Roblox, the popular 3D gaming and experiences platform expanding the world of the immensely popular Squishmallows plush toy brand.

JAZWARES BRINGS BREAKOUT PLUSH SENSATION SQUISHMALLOWS INTO THE ROBLOX METAVERSE

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the third quarter ended September 30, 2021.  A complete, full-text news release for Alleghany's 2021 third quarter results is available on Alleghany's website at www.alleghany.com and is also contained in a Current Report on Form 8-K that has been filed with the U.S. Securities and Exchange Commission (the "SEC") and is available on the SEC's website at www.sec.gov.

Alleghany Corporation Reports 2021 Third Quarter and Releases Letter to Shareholders - Notice

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 Project Services, LLC ("IPS"), a leading provider of design, engineering, procurement, construction management, and validation services for the biopharmaceutical market and other industries, has acquired Anchorbuoy Limited (with its subsidiaries, also known as "Linesight").  Headquartered in Dublin, Ireland, Linesight is a global consultancy firm providing cost and project management, project controls, risk, scheduling, and procurement services for clients in the data center, technology, and life sciences sectors, as well as other industries.

Alleghany Capital Corporation Announces IPS's Acquisition of Linesight

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.

Alleghany (Y) Banks on Premium Growth Amid Cost Concerns

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, November 4, 2021.  In conjunction with the release, Alleghany will post its financial supplement to the company's website at www.alleghany.com.

Alleghany Corporation to Announce 2021 Third Quarter Results on November 4, 2021

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 casualty (P&C) reinsurance and insurance services, saw its stock trading over $839 in February 2020

Will Alleghany Stock Recover To Its Pre-Covid Level?

NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that its Board of Directors has elected Chris H.

News for Alleghany Stock (Y)