Profits soar at Alleghany as it reveals TransRe cat reduction drive
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Profits soar at Alleghany as it reveals TransRe cat reduction drive

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The underwriting profit at Alleghany soared to $205mn in the fourth quarter, a many-fold increase on the 2020 result of $16.5mn, as both TransRe and the firm’s insurance operations benefited from a more benign cat environment.

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