Allstate estimates May cat losses at $777m
Reinsurance News - Jun 18, 2025
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed from 11 separate events, with roughly 70% attributable to three widespread wind and hailstorms. By comparison, May 2024 saw catastrophe losses of $1.4 billion, appr...
Recommended Articles
Posted: Feb 13, 2026
Price declines reported so far by European reinsurers are much less severe than the figures reported...
Posted: Feb 13, 2026
Tokio Marine Holdings has announced its financial results for the third quarter of the 2025 fiscal y...
Posted: Feb 13, 2026
Chubb has announced a number of North America Field Operations leadership changes, which include the...