UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 18, 2006
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Alleghany Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-9371 51-0283071
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(State or other jurisdiction (Commission File Number) IRS Employer
of incorporation) Identification No.)
7 TIMES SQUARE TOWER, 17TH FLOOR, NEW YORK, NEW YORK 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 752-1356
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS
On May 18, 2006, Alleghany Corporation ("Alleghany") issued a press
release on the subject of the pricing of the initial public offering (the "IPO")
of the common stock of its subsidiary Darwin Professional Underwriters, Inc.
("Darwin"). All of the proceeds of the IPO, after the deduction of underwriting
discounts and commissions and payment of offering expenses, will be used to
reduce Alleghany's ownership interest in Darwin. After the IPO, Alleghany will
continue to hold a majority ownership interest in Darwin. A copy of the press
release is attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (C) EXHIBITS
99.1 Press release announcing the pricing of the initial public
offering of common stock of Darwin Professional Underwriters,
Inc.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Alleghany corporation
Date: May 19, 2006 By: /s/ Jerry G. Borrelli
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Name: Jerry G. Borrelli
Title: Vice President
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INDEX TO EXHIBITS
Exhibit Number Exhibit Description
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99.1 Press release announcing the pricing of the initial public
offering of common stock of Darwin Professional Underwriters,
Inc.
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