Attached files

file filename
EX-95 - EX-95 - ALLEGHANY CORP /DEd469642dex95.htm
EX-32.2 - EX-32.2 - ALLEGHANY CORP /DEd469642dex322.htm
EX-32.1 - EX-32.1 - ALLEGHANY CORP /DEd469642dex321.htm
EX-31.2 - EX-31.2 - ALLEGHANY CORP /DEd469642dex312.htm
EX-31.1 - EX-31.1 - ALLEGHANY CORP /DEd469642dex311.htm
EX-23.1 - EX-23.1 - ALLEGHANY CORP /DEd469642dex231.htm
EX-21 - EX-21 - ALLEGHANY CORP /DEd469642dex21.htm
EX-10.05(C) - EX-10.05(C) - ALLEGHANY CORP /DEd469642dex1005c.htm
EX-10.05(B) - EX-10.05(B) - ALLEGHANY CORP /DEd469642dex1005b.htm
10-K - FORM 10-K - ALLEGHANY CORP /DEd469642d10k.htm

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

 

     Year Ended December 31,  
       2017          2016          2015          2014          2013    

Ratio of Earnings to Fixed Charges*

     1.4x        7.9x        8.2x        9.9x        9.9x  

 

 

* For purposes of calculating these ratios, “Earnings” consists of (i) earnings from continuing operations, before income taxes, (ii) fixed charges and (iii) amortization of any capitalized interest, and “Fixed Charges” consists of (i) interest expensed and capitalized, (ii) amortized premiums, discounts and capitalized expenses related to indebtedness and (iii) an estimate of the interest within rental expense.