Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2014

Reconciliation of Accumulated Other Comprehensive Income

The following table presents a reconciliation of the changes during the nine months ended September 30, 2014 and 2013 in accumulated other comprehensive income attributable to Alleghany stockholders:

	Unrealized Appreciation of Investments			Unrealized Currency Translation Adjustment			Retirement Plans			Total
	(in millions)
Balance as of January 1, 2014	$	238.4		$	(49.3	)	$	(2.2	)	$	186.9
Other comprehensive income, net of tax:
Other comprehensive income before reclassifications		302.9			(19.8	)		0.1			283.2
Reclassifications from accumulated other comprehensive income		(124.1	)		—			—			(124.1	)
Total		178.8			(19.8	)		0.1			159.1
Balance as of September 30, 2014	$	417.2		$	(69.1	)	$	(2.1	)	$	346.0

	Unrealized Appreciation of Investments			Unrealized Currency Translation Adjustment			Retirement Plans		Total
	(in millions)
Balance as of January 1, 2013	$	263.3		$	(13.4	)	$	0.6	$	250.5
Other comprehensive income, net of tax:
Other comprehensive income before reclassifications		(8.3	)		(19.6	)		1.2		(26.7	)
Reclassifications from accumulated other comprehensive income		(38.2	)		—			—		(38.2	)
Total		(46.5	)		(19.6	)		1.2		(64.9	)
Balance as of September 30, 2013	$	216.8		$	(33.0	)	$	1.8	$	185.6

Reclassifications of Accumulated Other Comprehensive Income

Reclassifications out of accumulated other comprehensive income attributable to Alleghany stockholders during the three and nine months ended September 30, 2014 and 2013 were as follows:

		Three Months Ended September 30,						Nine Months Ended September 30,
Accumulated Other Comprehensive Income Component	Line in Consolidated Statement of Earnings	2014			2013			2014			2013
		(in millions)
Unrealized appreciation of investments:	Net realized capital gains(1)	$	(59.4	)	$	(22.8	)	$	(197.7	)	$	(100.6	)
	Other than temporary impairment losses		0.7			0.7			6.9			41.9
	Income taxes		20.6			7.7			66.7			20.5
Total reclassifications:	Net earnings	$	(38.1	)	$	(14.4	)	$	(124.1	)	$	(38.2	)

(1) The three and nine months ended September 30, 2013 exclude a realized capital loss resulting from a $5.0 million non-cash impairment charge related to certain finite-lived intangible assets at CapSpecialty, as this loss was not reclassified out of other comprehensive income.