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

RTTNews | 20 days ago
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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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, amid optimism about the outlook for U.S. interest rates after a report showed US private sector job growth slowed by more than expected in the month of May. Treasury yields also extended the recent downward trend. Asian Markets closed mixed on Wednesday.
RTTNews | 4h 24min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

Recouping some of the losses in the previous two sessions, the Japanese stock market is sharply higher on Thursday, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving to near the 38,900 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 6h 24min ago
Thai Bourse May Extend Wednesday's Gains

Thai Bourse May Extend Wednesday's Gains

The Thai stock market on Wednesday snapped the two-day slide in which it had slumped almost 15 points or 1 percent. The Stock Exchange of Thailand now sits just beneath the 1,340-point plateau and it may see additional support on Thursday.
RTTNews | 6h 33min ago
Indonesia Stock Market Tipped To Open To The Upside

Indonesia Stock Market Tipped To Open To The Upside

The Indonesia stock market on Wednesday ended the two-day winning streak in which it had jumped almost 130 points or 1.9 percent. The Jakarta Composite Index now sits just beneath the 6,950-point plateau although it figures to see renewed support on Thursday.
RTTNews | 7h 3min ago