Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Common Stock Repurchases

Pursuant to the 2014 Repurchase Program and the 2015 Repurchase Program, as applicable, Alleghany repurchased shares of Common Stock in the three months ended March 31, 2016 and 2015 as follows:

	Three Months Ended March 31,
	2016		2015
Shares repurchased		113,100		58,950
Cost of shares repurchased (in millions)	$	53.3	$	26.6
Average price per share repurchased	$	471.15	$	451.77

Reconciliation of Accumulated Other Comprehensive Income

The following table presents a reconciliation of the changes during the three months ended March 31, 2016 and 2015 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, 2016	$	231.9	$	(104.0)	$	(11.6)	$	116.3
Other comprehensive income, net of tax:
Other comprehensive income before reclassifications		102.1		20.6		0.2		122.9
Reclassifications from accumulated other comprehensive income		(9.8)		-		-		(9.8)
Total		92.3		20.6		0.2		113.1
Balance as of March 31, 2016	$	324.2	$	(83.4)	$	(11.4)	$	229.4
	Unrealized Appreciation of Investments		Unrealized Currency Translation Adjustment		Retirement  Plans		Total
	($ in millions)
Balance as of January 1, 2015	$	455.4	$	(89.2)	$	(12.6)	$	353.6
Other comprehensive income, net of tax:
Other comprehensive income (loss) before reclassifications		61.6		(10.8)		(0.5)		50.3
Reclassifications from accumulated other comprehensive income		5.9		-		-		5.9
Total		67.5		(10.8)		(0.5)		56.2
Balance as of March 31, 2015	$	522.9	$	(100.0)	$	(13.1)	$	409.8

Reclassifications of Accumulated Other Comprehensive Income

Reclassifications out of accumulated other comprehensive income attributable to Alleghany stockholders during the three months ended March 31, 2016 and 2015 were as follows:

		Three Months Ended March 31,
Accumulated Other Comprehensive Income Component	Line in Consolidated Statement of Earnings	2016		2015
		($ in millions)
Unrealized appreciation of investments:	Net realized capital gains	$	(35.9)	$	(43.1)
	Other than temporary impairment losses		20.8		52.3
	Income taxes		5.3		(3.3)
Total reclassifications:	Net earnings	$	(9.8)	$	5.9