Allstate pegs May pre-tax cat losses at $1.4bn
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Allstate pegs May pre-tax cat losses at $1.4bn

This takes pre-tax year-to-date cat losses to $2.62bn.

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Allstate’s pre-tax cat loss estimate for May is $1.4bn, or $1.1bn post-tax.

The losses relate to 14 catastrophes with total losses estimated at $1.48bn,

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