US reinsurance group Alleghany posted $361mn in net losses for the first quarter of 2020, in sharp contrast to a $440mn net profit in the same period last year, as coronavirus claims weighed on the company’s bottom line.
US reinsurance group Alleghany posted $361mn in net losses for the first quarter of 2020, in sharp contrast to a $440mn net profit in the same period last year, as coronavirus claims weighed on the company’s bottom line.