Allstate estimates total catastrophe losses for April 2024 at $494m

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Reinsurance News - May 16, 2024

Allstate, a US primary insurer, has disclosed that its estimated catastrophe losses for April 2024 amounted to $494 million, or $390 million after-tax. According to Allstate, the losses in April 2024 resulted from 11 events valued at $491 million, with approximately 80% of these losses attributed to...

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