Allstate reports $551mn cat loss for August
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Allstate reports $551mn cat loss for August

Jai Singh
21 September 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Allstate headquarters northbrook.jpg

Allstate has announced an estimated pre-tax catastrophe loss of $551mn in August from 18 events.

The carrier said about half of the losses related to the Maui wildfire, which was partially offset by favourable reserve estimates.

After

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses Catastrophe losses Allstate Catastrophe bonds Wildfire
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
Gift this article