Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln

RTTNews | 627 days ago
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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Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

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RTTNews | 1h 32min ago
Thai Stock Market May Snap Losing Streak On Tuesday

Thai Stock Market May Snap Losing Streak On Tuesday

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Japanese Market Slightly Higher

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Indonesia Stock Market To Remain Rangebound On Tuesday

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