Alleghany
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A benign period for cats, sustained by improved investment income and a doubling of non-insurance revenue, helped the company boost operating earnings
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Earnings jumped by 26.8 percent year over year as the carrier noted a tightening E&S environment and rate rises across most lines of business. -
The Citibank-run sale process attracted interest from The Hanover.
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Earnings fell 14 percent year over year but company flagged improving environment in E&S and reinsurance.
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