Alleghany Corporation Reports 2010 Third Quarter EPS of $4.15

Stockholders' equity per common share of Alleghany Corporation Y at September 30, 2010 was $318.99, an increase of 6.1% from stockholders' equity per common share of $300.69 at December 31, 2009, Weston M. Hicks, President and chief executive officer of Alleghany, announced today. Consolidated cash and invested assets was approximately $4.85 billion at September 30, 2010, compared with $4.45 billion at December 31, 2009. Alleghany's 2010 third quarter net earnings were $36.6 million, or $4.15 per common share, compared with net earnings of $49.5 million, or $5.39 per common share, in the third quarter of 2009. For the first nine months of 2010, net earnings were $161.1 million, or $18.02 per common share, compared with net earnings of $140.1 million, or $15.18 per common share, in the first nine months of 2009.