Alleghany Q1 CoR falls 10.6 points in first results after Berkshire deal
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Alleghany Q1 CoR falls 10.6 points in first results after Berkshire deal

Jairo Ibarra
May 05, 2022
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Alleghany’s Q1 combined ratio improved 10.6% points to 88.4% in the company’s first quarterly report since it announced it was being acquired by Berkshire Hathaway in a $11.6bn all-cash transaction.

In March, the Warren Buffett-led firm agreed to pay $848.02 per share for Alleghany, representing a multiple of 1.26x

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Jairo Ibarra
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