Jonathan Weiss/shutterstock.com_2002747127
19 July 2024Insurance

Allstate escapes Q2 on 22% decline in cat loss despite record May hit

US P&C market leader Allstate escaped the second quarter with pre-tax natural catastrophe losses of $2.12 billion, down 21.5% year on year despite a record monthly cat loss in May. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
25 September 2026   Rate increases, improved cat results helped mutuals strengthen profitability in 2025.
Insurance
25 September 2026   Just three providers process 97% of global credit card transactions, analysis finds.
Insurance
25 September 2026   Insurer expects recoveries to limit financial impact from settlement.