Alleghany 2021 Full Year Performance Highlights slide image

Alleghany 2021 Full Year Performance Highlights

Key Takeaways ✓ Leading franchise across global reinsurance and specialty insurance ✓ Long-term focus with track record of disciplined underwriting and risk management through insurance and investment cycles • Improving underwriting performance at TransRe driven by attractive rate environment and deliberate portfolio actions RSUI and CapSpecialty capitalizing on attractive E&S market Alleghany Capital is a meaningful contributor to earnings with double-digit return on equity ✓Conservative financial profile and strong capitalization ✔Holding company conservatively capitalized with significant liquidity allowing us to support subsidiaries, manage through downturns, and respond to opportunities ✓ Demonstrated investment capability and performance 36
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