Allstate expects $1.2bn in Q3 cat losses along with $166mn reserve charge

Allstate expects to record $1.18bn in pre-tax catastrophe losses when it reports third quarter earnings next month – including $357mn from 17 cat events in September – and is also anticipating a $166mn reserve charge on prior-year claims.


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