Allstate Q4 net income hits $1.5bn on “improved auto profitability and mild weather”

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Reinsurance News - Feb 08, 2024

US primary insurer Allstate has reported net income applicable to common shareholders in Q4 2023 of $1.5 billion, up massively compared to a loss of $303 million in the same quarter of 2022. Tom Wilson, Chair, President and CEO of Allstate, explained that this positive turnaround was driven by &#822...

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