Allstate acquisition of NatGen “exceeding” expectations despite reserve strengthening

Allstate’s acquisition of National General is “exceeding” the personal lines giant’s expectations despite the unit seeing its underwriting loss deepen by $210mn to $248mn in Q2 2023, primarily driven by $148mn of prior year reserve re-estimates largely related to personal auto injury coverages in the 2022 accident year.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204