On May 6, Alleghany (NYSE:Y) issued its quarterly earnings data on Monday. The company reported $12.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $8.16 by $4.12, AnalystRatingsNetwork.com reports. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.07 billion. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Alleghany Corporation (NYSE:Y) net profit margin is 12.60% and weekly performance is 3.78%. On last trading day company shares ended up $425.40. Analysts mean target price for the company is $365.00. Alleghany Corporation (NYSE:Y) distance from 50-day simple moving average (SMA50) is 4.30%.
On May 13, Zacks Investment Research upgraded Selective Insurance Group (NASDAQ:SIGI) by a notch to a Zacks Rank #1 (Strong Buy). Selective Insurance Group (NASDAQ:SIGI) shares advanced 1.13% in last trading session and ended the day on $23.72. SIGI return on assets is 1.60%. Selective Insurance Group (NASDAQ:SIGI) quarterly performance is 3.22%.
On May 15, 2014, XL Group plc (NYSE:XL) appointed Michele Sansone as President of its North America Property insurance business and head of its global risk engineering division, XL GAPS, effective immediately. Reporting to Joseph Tocco, Chief Executive of XL Insurance’s North America Property & Casualty (P&C) unit in New York, Ms. Sansone is promoted to this leadership position from her role as Chief Underwriting Officer, Property. XL Group plc (NYSE:XL) shares moved up 0.06% in last trading session and was closed at $32.47, while trading in range of $32.34 – $32.64. XL Group plc (NYSE:XL) year to date (YTD) performance is 2.53%.
On May 6, American Financial Group Inc (NYSE:AFG) reported 2014 first quarter net earnings attributable to shareholders of $103 million ($1.13 per share) compared to $120 million ($1.32 per share) for the 2013 first quarter. The 2014 first quarter results include $12 million ($0.13 per share) in after-tax net realized gains compared to $36 million ($0.40 per share) in the prior year period. Book value per share, excluding appropriated retained earnings and unrealized gains on fixed maturities, increased by 2% to $46.79 per share during the quarter. Annualized return on equity was 10.3% and 12.8% for the first quarters of 2014 and 2013, respectively. American Financial Group Inc (NYSE:AFG) ended the last trading day at $58.20. Company weekly volatility is calculated as 0.95% and price to cash ratio as 3.18. American Financial Group Inc (NYSE:AFG) showed a positive weekly performance of 0.94%.
Shares of Swiss Re AG – (NASDAQ:SSREY) have earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, AnalystRatingsNetwork.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $79.50. Swiss Re AG – ADR (OTCMKTS:SSREY) shares moved up 0.05% in last trading session and was closed at $88.89, while trading in range of $88.35 – $88.90.