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Income Taxes	9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	6. Income Taxes The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law on March 27, 2020. Among other provisions, the CARES Act delayed certain employer payroll tax remittance deadlines and created or expanded certain income tax credits and loss carryback provisions. The effective tax rate on earnings before income taxes for the first nine months of 2020 was 30.8 percent compared with 19.6 percent for the first nine months of 2019. The effective tax rate in the first nine months of 2020 was calculated based on actual results through September 30, 2020 because management was not able to reliably estimate the annual effective tax rate in light of the significant losses incurred. The relatively high effective tax rate in the first nine months of 2020 primarily reflects modest pre-tax losses and the resulting increase of the impact from permanent tax benefits, such as tax-exempt interest income and dividends-received deductions, when expressed on an effective tax rate basis. The lower effective tax rate in the first nine months of 2019 primarily reflects significant pre-tax earnings and the resulting decrease from the impact of these permanent tax benefits when expressed on an effective tax rate basis. Alleghany believes that, as of September 30, 2020, it had no material uncertain tax positions. Interest and penalties related to unrecognized tax expenses (benefits) are recognized in income tax expense, when applicable. There were no material liabilities for interest or penalties accrued as of September 30, 2020.

Income Taxes

9 Months Ended

Sep. 30, 2020

6. Income Taxes

The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law on March 27, 2020. Among other provisions, the CARES Act delayed certain employer payroll tax remittance deadlines and created or expanded certain income tax credits and loss carryback provisions.

The effective tax rate on earnings before income taxes for the first nine months of 2020 was 30.8 percent compared with 19.6 percent for the first nine months of 2019. The effective tax rate in the first nine months of 2020 was calculated based on actual results through September 30, 2020 because management was not able to reliably estimate the annual effective tax rate in light of the significant losses incurred. The relatively high effective tax rate in the first nine months of 2020 primarily reflects modest pre-tax losses and the resulting increase of the impact from permanent tax benefits, such as tax-exempt interest income and dividends-received deductions, when expressed on an effective tax rate basis. The lower effective tax rate in the first nine months of 2019 primarily reflects significant pre-tax earnings and the resulting decrease from the impact of these permanent tax benefits when expressed on an effective tax rate basis.

Alleghany believes that, as of September 30, 2020, it had no material uncertain tax positions. Interest and penalties related to unrecognized tax expenses (benefits) are recognized in income tax expense, when applicable. There were no material liabilities for interest or penalties accrued as of September 30, 2020.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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