Alleghany Corporation announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $1,223,555,000 against $1,048,867,000 a year ago. Net earnings of $196.3 million, or $11.67 per diluted share for the quarter ended March 31, 2013, compared with $560.1 million, or $51.06 per diluted share for the 2012 first quarter. Net earnings for the 2012 first quarter include 25 days of results of TransRe as well as merger-related items associated with the purchase of TransRe, including a gain of $494.9 million resulting from the application of purchase accounting treatment, amortization of intangible assets of $31.9 million and transaction costs of $33.8 million. Earnings before income taxes were $253,389,000 against $611,100,000 a year ago.

On April 15, 2013, the Board of Directors of Alleghany Corporation appointed John L. Sennott, Jr. to serve as Senior Vice President of the company, effective April 16, 2013, and chief financial officer of the company, effective May 8, 2013. Mr. Sennott will succeed Roger B. Gorham, who will assume overall responsibility for the company’s fixed income portfolio. Mr. Sennott, age 47, has over 26 years of experience in the insurance industry. Mr. Sennott served as Executive Vice President and Chief Corporate Strategy Officer of Allied World Assurance Company Holdings, AG from January 2010 to April 2012. From October 2008 to January 2010, he served as the Chief Operating Officer of Allied World Insurance Company, a wholly-owned indirect subsidiary of Allied World. Prior to that, from March 2003 to October 2008, Mr. Sennott was the Chief Financial Officer and a member of the Board of Directors of Darwin Professional Underwriters Inc. and a wholly-owned indirect subsidiary of Allied World. Prior to being acquired by Allied World in October 2008, Darwin was a wholly-owned indirect subsidiary of the Company. Mr. Sennott is a certified public accountant and began his career at Coopers & Lybrand.

Alleghany Corp., Annual General Meeting, Apr 26, 2013., at 10:00 Eastern Daylight. Location: The Penn Club. Agenda: To elect four directors for terms expiring in 2016; to ratify the selection of Ernst & Young LLP as the company's independent registered public accounting firm for fiscal 2013; to hold an advisory, non-binding vote on executive compensation; and to transact such other business as may properly come before the meeting, or any adjournment or postponement thereof.