Alleghany Estimates Lloyd’s Losses at $112M

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