Allstate swings to $1bn Q1 UW loss on higher cats and auto losses

Allstate has reported a $1.00bn underwriting loss reflecting $1.69bn of preannounced catastrophe losses and higher auto losses, with the personal lines giant expecting to continue to pursue additional rate increases in 2023 to improve auto profitability.


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) 7834 843176