Alleghany Insurance Holding LLC’s parent company announced that it estimated its subsidiary would have losses of around $112 million net of reinsurance from the Sept. 11 attacks in the U.S.
AIH, previously known as Alleghany Underwriting, does business in the global insurance and reinsurance market through Lloyd’s, and indicated that the losses would occur mainly from its “Property Treaty and Aviation treaty businesses.”|”alleghany, estimates, lloyd’s, losses, $112m
Topics Profit Loss Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
IMA Latest to Sue Howden Over Alleged Employee Poaching 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
