Alleghany Corp /de (Y) Files Form 4 Insider Selling : William K Lavin Sells 336 Shares

Alleghany Corp /de (Y): William K Lavin , director of Alleghany Corp /de sold 336 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $520.51 per share for a total value of $174,891.36 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, William K Lavin (director) sold 552 shares at $476.68 per share price.

Alleghany Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in Alleghany Corporation which led to swings in the share price. The shares opened for trading at $519 and hit $527.67 on the upside , eventually ending the session at $524.56, with a gain of 1.07% or 5.56 points. The heightened volatility saw the trading volume jump to 67,979 shares. The 52-week high of the share price is $531.58 and the company has a market cap of $8,098 M . The 52-week low of the share price is at $440.24.

Alleghany Corporation Money Flow Index Chart

Alleghany Corporation owns and manages its subsidiaries and investments in the property and casualty reinsurance and insurance business. The Company operates through two segments: reinsurance and insurance. The Company’s reinsurance segment consists of the reinsurance operations of its subsidiary Transatlantic Holdings Inc. and its reinsurance operating subsidiaries. The Company through its wholly owned subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries provides property and casualty insurance services. AIHL’s insurance operations are principally conducted by its subsidiaries RSUI Group Inc. CapSpecialty Inc. and Pacific Compensation Corporation. AIHL Re LLC a wholly owned subsidiary of the Company provides captive reinsurance to its insurance operating subsidiaries and affiliates. The Company manages sources executes and monitors certain private capital investments primarily through its wholly owned subsidiary Alleghany Capital Corporation (ACC).

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