Alleghany Corp.

Exporter
7 Time Square, New York, NY 10036-6524, United States
(212)752-1356, http://www.alleghany.com

Primary SIC: Fire, Marine And Casualty Insurance, Primary NAICS: Direct Property and Casualty Insurance Carriers
Description: Alleghany Corporation was incorporated in 1984 in Delaware. In December 1986, the company succeeded to the business of its parent company, Alleghany Corporation, a Maryland corporation incorporated in 1929. AIHL is the holding company for Alleghany property and casualty and surety insurance operations. Property and casualty operations are conducted through RSUI, headquartered in Atlanta, Ga.; CATA, headquartered in Middleton, Wis.; and EDC, headquartered in Agoura Hills, Calif. Surety operations are conducted through CATA. Since December 31, 2006, AIHL has also owned an approximately 33 percent stake in Homesite, a national, full-service, mono-line provider of homeowners insurance. In 2008, property insurance accounted for approximately 38.8 percent and casualty insurance accounted for approximately 57.5 percent of AIHL's gross premiums written. Surety bonds are three-party agreements in which the issuer of the bond (the surety) joins with a second party (the principal) in guaranteeing to a third party the fulfillment of some obligation. In 2008, surety bonds accounted for approximately 3.7 percent of AIHL's gross premiums written. The company also owns and manages 315 acres of property, ranging from multi-family residential to commercial, in Sacramento, Calif. through its subsidiary Alleghany Properties. Alleghany indirectly engages in the oil and gas exploration and production business through a 40 percent ownership stake in ORX Exploration, Inc. More

Insurance: Underwriter of title insurance.