December 18, 2012 at 16:21 PM EST
Alleghany Corp. Sees $288M Catastrophe Loss from Sandy
Alleghany Corporation (NYSE: Y ) ("Alleghany") today announced a preliminary estimate of its consolidated after-tax loss related to Sandy, net of reinsurance and reinstatement premiums, of approximately $288 million. This estimate reflects a consolidated pre-tax loss estimate, net of reinsurance and reinstatement premiums, of approximately $443 million, comprising $265 million from Transatlantic Holdings, Inc., $165
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