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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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Allstate Corp. Reports Estimated Catastrophe Losses For March Of $328 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of March 2024 of $328 million or $259 million, after-tax. Total catastrophe losses for the first quarter were $731 million, pre-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of January 2024 of $276 million or $218 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For February Of $211 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of February 2023 of $211 million or $167 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For July
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of July 2022 of $223 million or $176 million, after-tax.
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U.S. Dollar Falls Against Euro, Pound
The U.S. dollar fell against the euro and the pound in the New York session on Friday.
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Swiss Market Ends On Weak Note
Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
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European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
European stocks closed weak on Friday amid concerns about high tech valuations, and fading hopes of a Federal Reserve rate cut next month following hawkish comments from a few central bank officials.
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Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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