Allstate estimates reinsurance recoveries of $1.4bn from CA wildfires
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Allstate estimates reinsurance recoveries of $1.4bn from CA wildfires

The carrier estimated January cat losses of $1.08bn, or $849mn after-tax, including the fires.

By Kyoung-son Song
February 20, 2025
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Allstate headquarters northbrook.jpg

Allstate expects reinsurance recoveries of $1.4bn for the California wildfires, which resulted in a net loss estimate of $1.07bn

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Topics

News Lines of business Catastrophe losses Allstate Wildfire
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