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15.02.2024 15:16:39 - dpa-AFX: Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln
NORTHFIELD TOWNSHIP (dpa-AFX) - 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.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
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.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
ALLSTATE CORP. DL-,01 | 886429 | Frankfurt | 151,950 | 16.05.24 08:01:20 | -3,300 | -2,13% | 0,000 | 0,000 | 151,950 | 151,950 |
