Allstate pegs total catastrophe losses for Q1 2024 at $731m

Share!

Reinsurance News - Apr 18, 2024

U.S. primary insurer Allstate has estimated that total catastrophe losses for Q1 of 2024 were $731 million, pre-tax, much below the $1.69 billion recorded in Q1 of 2023. The firm also disclosed catastrophe losses for March 2024 of $328 million or $259 million, after-tax. As per Allstate, March catas...

Read Full Article

Recommended Articles

Florida market in a much better place ahead of renewals but RenRe remains cautious: CEO O’Donnell

Posted: May 01, 2024

Bermuda-based reinsurer RenaissanceRe (RenRe) is seeing additional demand for reinsurance in Florida...

Verisk reports Q1 consolidated revenues of $704m

Posted: May 01, 2024

Verisk has revealed that consolidated revenues in Q1 of 2024 were $704 million, up from $652 million...

BRP becomes The Baldwin Group to demonstrate cohesive structure

Posted: May 01, 2024

BRP Group has rebranded to the Baldwin Group to reportedly reflect its transformation, growth and in...