Allstate (ALL) Reports May 2023 Catastrophe Losses

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Go back to Allstate (ALL) Reports May 2023 Catastrophe Losses

Allstate Announces May 2024 Catastrophe Losses

June 20, 2024 8:16 AM EDT

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax.

Catastrophe losses included 14 events estimated at $1.48 billion, with approximately 70% of the losses related to five wind and hail events, primarily in Texas, Colorado and Illinois. Total catastrophe losses for April and May were $1.89 billion, pre-tax, and total catastrophe losses for May year-to-date were $2.62 billion,... More