Allstate posts narrower Q3 net loss despite rise in catastrophe losses

Share!

Reinsurance News - Nov 02, 2023

U.S. primary insurer Allstate has fallen to a net loss for the third quarter and first nine months of 2023, although the underwriting performance did improve in parts of the business during the quarter despite higher catastrophe losses year-on-year. Allstate has reported a net loss of $41 million fo...

Read Full Article

Recommended Articles

MJ Sung joins Gallagher Re’s Korea team as Divisional Director

Posted: Apr 13, 2026

Global reinsurance broker Gallagher Re has appointed MJ Sung as Divisional Director of its Korea tea...

PERILS raises industry loss estimate for Victoria Bushfires to AU$810m

Posted: Apr 13, 2026

PERILS, the Zurich-based catastrophe insurance data provider, has lifted its second insurance indust...

Pool Re launches new SME incentive scheme to increase terrorism cover uptake

Posted: Apr 13, 2026

Pool Re, Britain’s largest terrorism reinsurer, has launched a new incentive scheme for its Members,...