Allstate to recover 45% of $671m Hurricane Ian loss from reinsurers

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Reinsurance News - Oct 20, 2022

US primary insurer Allstate has announced that it expects to incur a net loss between $675 million and $725 million for the third quarter of 2022, largely due to the impacts of Hurricane Ian. Catastrophe losses for the third quarter, net of reinsurance, are estimated to be $763 million, pre-tax. Gro...

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