Allstate hit with $408mn reserve charge, $1.1bn in cats in Q2

Allstate said on Wednesday it is set to report an underwriting loss when it announces second quarter results next month, which are expected to include a $408mn auto-driven prior-year reserve charge hit and $1.1bn in natural catastrophe losses.


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