Alleghany Q2 CoR deteriorates despite margin improvement

August 04, 2022

Alleghany’s second quarter headline combined ratio climbed 0.2 points to 90.4% as higher expenses outweighed a lower Q2 loss ratio and margin expansion, ahead of the pending $11.6bn all-cash takeover by Berkshire Hathaway.

In tandem, TransRe’s CoR increased 1.8 points to 92.9%, driven by higher commission rates and less favorable reserve development.

Alleghany

Enter your e-mail to claim a free trial: