AM Best downgrades Allstate Insurance Group’s long-term ICR to aa-
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AM Best downgrades Allstate Insurance Group’s long-term ICR to aa-

Kyoung-son Song
10 August 2023
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AM Best has downgraded Allstate Insurance Group’s long-term issue credit rating (ICR) to aa- from aa, citing the negative impact of challenging macro-economic trends.

The agency affirmed the company’s financial strength rating (FSR) at A+. The outlook of the credit ratings is stable.

The

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Topics

Allstate Rates News Catastrophe losses Property
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