Allstate reports pre-tax cat losses of $211mn in February
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Allstate reports pre-tax cat losses of $211mn in February

Lena Job
16 March 2023
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Allstate logo storm hurricane damage.jpg

Allstate has disclosed pre-tax catastrophe losses of $211mn for February, resulting from nine events, primarily wind and rain, which were geographically widespread.

The total loss estimates for the month, at $241mn, was partially offset by favourable reserves.

The carrier reported $518mn in total pre-tax catastrophe losses for January and February.

Allstate

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Topics

NewsClaims and lossesCatastrophe lossesAllstate
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Lena Job
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