Allstate posts $885mn cat loss for May from wind and hail events
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Allstate posts $885mn cat loss for May from wind and hail events

Samuel Casey
June 15, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Allstate headquarters northbrook.jpg

Allstate suffered estimated catastrophe losses of $885mn during the month of May from 12 cat events.

A total of 70% of the losses were related to two wind and hail events.

The 12 events were estimated to cost a total of $893mn, which was partially offset by reserve re-estimates from prior events.

After

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsAllstateClaims and losses
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article