Allstate reports $694mn net loss in Q3 results

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Reinsurance News - Nov 03, 2022

Allstate has announced a net loss of $694 million for the third quarter of 2022, compared to a net  income of $508 million in the prior year quarter, primarily due to an underwriting loss and equity valuation declines. The company’s adjusted net loss for the quarter was $420 million, compared to an...

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