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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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411 days ago
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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439 days ago
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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838 days ago
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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1048 days ago
China Manufacturing Activity Returns To Growth
China's manufacturing sector returned to growth in June on higher new orders and a renewed rise in production, survey data from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index rose to 50.4 in June from 48.3 in May. A reading above 50.0 indicates expansion. The survey showed that the growth was driven by a renewed expansion in manufacturing output.
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U.S. Dollar Extends Fall As Trump's Tax Bill And Tariffs Weigh
The U.S. dollar continued to trade lower against other major currencies in the Asian session on Tuesday, as markets anticipated a vote on U.S. President Donald Trump's historic tax and spending bill.
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Sensex, Nifty Up Marginally In Cautious Trade
Despite paring some early gains, Indian shares are up in positive territory a little past noon on Tuesday with investors making cautious moves, closely monitoring the developments on the tariff front ahead of the July 9 deadline announced by the Trump administration, and awaiting quarterly earnings updates from big name companies.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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