Other Information (Tables)

12 Months Ended

Dec. 31, 2011

Other assets shown in Alleghany’s consolidated balance sheets include the following amounts as of December 31, 2011 and 2010 (in millions):


	2011		2010
Real estate land	$	19.9	$	19.9
Interest and dividends receivable		28.9		30.8
Other		66.6		47.0

	$	115.4	$	97.7

Other Invested Assets

Other invested assets shown in Alleghany’s consolidated balance sheets include the following amounts as of December 31, 2011 and 2010 (in millions):


	2011		2010
Investment in Homesite (see Note 4(b))	$	102.9	$	122.7
Investment in ORX (see Note 4(c))		26.9		27.6
Partnerships accounted for on an available for sale basis*		23.6		24.8
Loans and other investments		26.4		32.2

	$	179.8	$	207.3

*	Equity method partnership investments were dissolved during the third quarter of 2010, and thus were not outstanding as of December 31, 2010 and December 31, 2011.

Property and Equipment, Net of Accumulated Depreciation and Amortization

Property and equipment, net of accumulated depreciation and amortization, as of December 31, 2011 and 2010, were as follows (in millions):


	2011			2010
Furniture and equipment	$	58.0		$	52.0
Leasehold improvements		6.0			6.0
Other		0.4			0.3

		64.4			58.3

Less: accumulated depreciation and amortization		(46.5	)		(38.8	)

	$	17.9		$	19.5

Activity in Deferred Acquisition Cost Assets

Activity in deferred acquisition cost assets as shown in Alleghany’s consolidated balance sheets in 2011 and 2010 is summarized as follows (in millions):


	2011			2010
Balance at January 1	$	67.7		$	71.1
Current year’s costs deferred		144.2			140.4
Less: amortization to expense for the year		(141.4	)		(143.8	)

Balance as of December 31	$	70.5		$	67.7

Other Liabilities

Other liabilities shown in Alleghany’s consolidated balance sheets include the following amounts as of December 31, 2011 and 2010 (in millions):


	2011		2010
Accounts payable	$	5.9	$	3.8
Incentive plans		164.8		155.0
Accrued salaries and wages		17.1		13.5
Deferred compensation		9.3		9.3
Accrued expenses		14.4		9.6
Taxes other than income		2.4		1.8
Deferred revenue		9.4		6.1
Payable to brokers		2.1		1.7
Pension and postretirement benefits		27.3		20.9
Funds held for surety bonds		53.9		78.4
Other		22.3		26.4

	$	328.9	$	326.5

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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