FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Form 3 Holdings Reported Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Kirby Jefferson 2. Issuer Name and Ticker or Trading Symbol ALLEGHANY CORP /DE [Y] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2018 (Street) NEW YORK, NY 10018 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Reporting (check applicable line) _X_ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Amount (A) or (D) Price Common Stock 06/04/2018   G(1) 17,775 A $ 0 77,016 D   Common Stock 10/16/2018   G(1) 8,887 A $ 0 85,903 D   Common Stock 06/04/2018   G(1) 118,510 D $ 0 277,602 I Held by trusts w. reporting person as co-trustee and beneficiary Common Stock 10/16/2018   G(1) 59,253 D $ 0 218,349 I Held by trusts w. reporting person as co-trustee and beneficiary Common Stock 06/04/2018   G(1) 11,850 A $ 0 11,850 I Held by trust w. reporting person as co-trustee and beneficiaries as reporting person's descendants Common Stock 10/16/2018   G(1) 5,925 A $ 0 17,775 I Held by trust w. reporting person as co-trustee and beneficiaries as reporting person's descendants Common Stock 06/04/2018   G(1) 14,224 A $ 0 14,224 I Held by trusts w. reporting person as sole trustee and beneficiaries as reporting person's children Common Stock 07/17/2018   G(2) 1,778 D $ 0 12,446 I Held by trusts w. reporting person as sole trustee and beneficiaries as reporting person's children Common Stock 10/16/2018   G(1) 7,112 A $ 0 19,558 I Held by trusts w. reporting person as sole trustee and beneficiaries as reporting person's children Common Stock 10/18/2018   G(2) 888 D $ 0 18,670 I Held by trusts w. reporting person as sole trustee and beneficiaries as reporting person's children Common Stock             27,586 I Held by trust w. reporting person as sole trustee and beneficiary Common Stock             19 I Held by reporting person's spouse Common Stock             364 I Held by reporting person's children sharing the same household

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Kirby Jefferson ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK, NY 10018	  X	Â	Â	Â

Signatures

/s/ Stela Burghart, Attorney-in-Fact		02/05/2019
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Distribution by trust of which the reporting person is co-trustee to beneficiaries.
(2)	Distribution by trust of which the reporting person is sole trustee to beneficiaries.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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