Allstate estimates cat losses for May at $885 million
Reinsurance News - Jun 15, 2023
U.S. primary insurer Allstate has announced estimated catastrophe losses for May of $885 million or $699 million, after-tax. According to Allstate, May’s catastrophe losses include 12 events estimated at $893 million, with approximately 70% of the losses related to two wind and hail events. Th...
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