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

RTTNews | 545 ngày trước
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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Yen Falls After Japan PM Takaichi Comments

Yen Falls After Japan PM Takaichi Comments

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
RTTNews | 2h 41phút trước
Asian Shares Mixed As Tech Stocks Drag

Asian Shares Mixed As Tech Stocks Drag

Asian stocks ended mixed on Wednesday as concerns persisted about a potential Artificial Intelligence (AI)-driven market bubble and new data added to signs of a weakening U.S. labor market.
RTTNews | 3h 19phút trước