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Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln
(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of January 2024 of $276 million or $218 million, after-tax.
Catastrophe losses in January are estimated at $325 million, primarily driven by two events that comprised approximately 80% of the losses, partially offset by favorable reserve reestimates for prior events.
Allstate said it continues to pursue rate increases as we execute the auto insurance profit improvement plan and keep pace with loss cost trends.
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Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.
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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 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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Euro Rises Against Majors
The euro strengthened against other major currencies in the pre-European session on Thursday.
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Australian Dollar Rises After Upbeat Jobs Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of Australia's upbeat employment data in October.
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European Markets Seen Gaining On Thursday
Stock markets in Europe are expected to open higher on Thursday amidst positive sentiment generated by the conclusion of the longest federal closure in U.S. history.
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Sensex, Nifty Climb Higher On Earnings, Positive Global Cues
After a positive start and a subsequent retreat, BSE benchmark Sensex and the National Stock Exchange's Nifty50 moved higher Thursday morning, with investors picking up stocks, reacting to some encouraging earnings announcements.
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