Alleghany swings to Q1 UW profit despite $181mn storm losses

Alleghany Q1 earnings

Alleghany has improved its combined ratio 2.7 points to 99.0 percent in the first quarter despite $181mn in losses from Winter Storm Uri and related storms, while net written premiums grew 15.2 percent at TransRe and 11.5 percent in the insurance operations.

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