Alleghany Archives - Carrier Management

How Warren Buffett Does a Deal: Alleghany Merger Backstory

Berkshire Hathaway didn't require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in ...

CEO Views: Successes and Failures in Dealing With Pandemic Challenges

As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons ...

We Can Work It Out: Negotiations Likely On COVID Reinsurance Losses

Catastrophe excess of loss reinsurance contracts "never anticipated an event like a pandemic" when written but cedents can still expect compromises from reinsurers, an industry executive said ...

E&S Deal: CapSpecialty Buys Renewal Rights to Rockhill Environmental Biz from State Auto

Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group's excess and surplus environmental insurance book of ...

A.M. Best Boosts RSUI to A+; Moves Alleghany, TranRe Outlooks to Positive

Rating agency A.M. Best announced Wednesday that it upgraded the financial strength ratings (FSR) of members of RSUI Group to "A+" (Superior), citing continued strong capitalization, excellent ...

Sills Taking Capitol Insurance Reins; Pauly Announces Plan To Retire

Capitol Insurance Companies announced Tuesday that its chairman and chief executive officer, David F. Pauly, intends to retire effective Dec. 31, 2013. In advance of his retirement, Pauly will step ...

Alleghany Combining Two Specialty Ops; Stephen Sills To Lead

Alleghany Corporation announced Tuesday that it plans to combine the operations of its subsidiaries Capitol Insurance Companies and Professional Risk Management Services, Inc. under the leadership of ...