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Quarterly Results of Operations (unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

Selected quarterly financial data for 2020 and 2019 are presented below:

 

 

 

Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

($ in millions, except per share data)

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,482.9

 

 

$

2,227.4

 

 

$

2,522.9

 

 

$

2,663.5

 

Net earnings (losses)(1)

 

 

(361.2

)

 

 

177.4

 

 

 

126.5

 

 

 

159.1

 

Basic earnings (losses) per share of common stock(1)(2)

 

 

(25.19

)

 

 

12.39

 

 

 

8.86

 

 

 

11.28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

2,321.2

 

 

$

2,258.7

 

 

$

2,159.9

 

 

$

2,300.8

 

Net earnings (losses)(1)

 

 

440.2

 

 

 

295.5

 

 

 

90.4

 

 

 

31.7

 

Basic earnings (losses) per share of common stock(1)(2)

 

 

30.40

 

 

 

20.46

 

 

 

6.27

 

 

 

2.20

 

 

(1)

Attributable to Alleghany stockholders.

(2)

Earnings per share by quarter may not equal the amount for the full year due to the timing of repurchases of Common Stock, as well as rounding.