Allstate grows core reinsurance treaty by $1bn after losses
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Allstate grows core reinsurance treaty by $1bn after losses

Fiona Robertson
06 May 2021
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Allstate has expanded its core reinsurance treaty by $1bn after making extensive recoveries from reinsurers in the past year, while its projected cat bond recovery has edged up by $11mn.

In total, the insurer said it would have cover up to $779mn higher than the prior year, exhausting at $5.76bn.

As

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