Allstate adds $851mn to reinsurance tower

05 May 2022

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Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

The Nationwide program this year provides coverage up to $6.614bn of loss less a $500mn retention, compared to the prior-year coverage of up to $5.763bn

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Allstate adds $851mn to reinsurance tower

Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

Fuel a smarter strategy with our actionable market intelligence

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Allstate adds $851mn to reinsurance tower

Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM