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ALL Allstate Corporation

169.18
-2.38 (-1.39%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allstate Corporation NYSE:ALL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.38 -1.39% 169.18 177.37 168.29 174.95 3,182,071 01:00:00

Allstate Estimates April Catastrophe Losses of $229 Million

16/05/2019 2:12pm

Dow Jones News


Allstate (NYSE:ALL)
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By Colin Kellaher

 

Allstate Corp. (ALL) on Thursday said it estimates April pretax catastrophe losses totaled $290 million, or $229 million after taxes.

The Northbrook, Ill., insurance company said it recorded $259 million of pretax losses from seven events during the month, with two wind/hail events that mainly hit Texas accounting for roughly 70% of that total.

Allstate incurred pretax catastrophe losses of $680 million, or $537 million after taxes, in the first quarter of the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

May 16, 2019 08:57 ET (12:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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