Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

RTTNews | hace 549
Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.

Catastrophe losses in April include 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

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Hong Kong Bourse Tipped To Open In The Red

Hong Kong Bourse Tipped To Open In The Red

The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied almost 825 points or 3.5 percent. The Hang Seng Index now rests just above the 26,570-point plateau and it may take further damage on Monday.
RTTNews | hace 1h 4min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, adding to the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying well below the 8,650.00 level, with weakness in iron ore miners and technology stocks partially offset by gains in gold miners and financial stocks.
RTTNews | hace 1h 15min
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market turned lower again on Friday, one day after ending the two-day slide in which it had fallen almost 20 points or 0.5 percent. The Shanghai Composite Index now sits just above the 3,990-point plateau and it may extend its losses on Monday.
RTTNews | hace 1h 19min
Losing Streak May Continue For Taiwan Stock Market

Losing Streak May Continue For Taiwan Stock Market

The Taiwan stock market has finished lower in back-to-back sessions, tumbling almost 550 points or 2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,400-point plateau and it may see mild consolidation again on Monday.
RTTNews | hace 1h 49min