Allstate estimates May cat losses at $777m

Share!

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...

Read Full Article

Recommended Articles

Retained earnings lift global reinsurer capital to record $720bn in Q1’25: Aon

Posted: Jul 01, 2025

Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital incr...

Lemonade lowers reinsurance overhead at renewal following improved diversification

Posted: Jul 01, 2025

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance...

Lloyd’s approves novation of GIC syndicate 1947 managing agency services to Asta

Posted: Jul 01, 2025

Lloyd’s, the specialist insurance and reinsurance marketplace, has approved the novation of In...