Allstate posts $799mn net cat loss for April
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Allstate posts $799mn net cat loss for April

Liz Bury
May 18, 2023
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Allstate headquarters northbrook.jpg

Allstate has posted net cat losses of $799mn for April, or $631mn before tax, relating to 12 events.

The loss for the month was $872mn before the impact of favorable reserve releases. Of this, 60% of losses came from two wind and hail events.

The

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