Allstate posts $313mn cat loss for July wind and hail events

17 August 2023

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Allstate suffered an estimated pre-tax catastrophe loss of $313mn for the month of July from 18 events.

The personal lines firm said the events were primarily related to wind and hail events and caused losses of $349mn, although this was partially offset by favourable reserve estimates for prior events.

After

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Allstate posts $313mn cat loss for July wind and hail events

Allstate suffered an estimated pre-tax catastrophe loss of $313mn for the month of July from 18 events.

Fuel a smarter strategy with our actionable market intelligence

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Allstate posts $313mn cat loss for July wind and hail events

Allstate suffered an estimated pre-tax catastrophe loss of $313mn for the month of July from 18 events.

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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