Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - ALLEGHANY CORP /DE | d371543d8k.htm |
| EX-5.1 - OPINION OF DAY PITNEY LLP - ALLEGHANY CORP /DE | d371543dex51.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - ALLEGHANY CORP /DE | d371543dex11.htm |
| EX-4.1 - SECOND SUPPLEMENTAL INDENTURE - ALLEGHANY CORP /DE | d371543dex41.htm |
| EX-99.1 - PRESS RELEASE - ALLEGHANY CORP /DE | d371543dex991.htm |
Exhibit 12.1
Statement Regarding Calculation of Ratio of Earnings to Fixed Charges
Alleghany Corporation
Ratio of Earnings to Fixed Charges
| Three months ended March 30, |
Year ended December 31, | |||||||||||||||||||||||
| ($ in thousands) | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
| Earnings |
$ | 621,485 | $ | 212,192 | $ | 285,451 | $ | 399,365 | $ | 65,004 | $ | 436,556 | ||||||||||||
| Fixed Charges |
10,288 | 20,965 | 10,704 | 3,985 | 3,952 | 4,277 | ||||||||||||||||||
| Ratio of Earnings to Fixed Charges |
60.4 | x | 10.1 | x | 26.7 | x | 100.2 | x | 16.4 | x | 102.1 | x | ||||||||||||
For purposes of calculating these ratios, “Earnings” consists of (x) earnings from continuing operations, before income taxes, (y) fixed charges and (z) amortization of any capitalized interest, and “Fixed Charges” consist of (x) interest expensed and capitalized, (y) amortized premiums, discounts and capitalized expenses related to indebtedness, and (z) an estimate of the interest within rental expense.