Allstate takes $779mn Q4 cat losses including $478mn Elliott loss
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Allstate takes $779mn Q4 cat losses including $478mn Elliott loss

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Allstate has reported $779mn of pre-tax catastrophe losses for Q4, taking its cat losses since the start of its reinsurance annual risk period in April above $2bn.

The total tally of cat losses reported by the carrier for April to December is $2.6bn, but this included $366mn of net Hurricane Ian losses, which are covered by its Florida reinsurance tower.

The

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