Shutterstock.com_1998853568/Triff_150536375/Nomad

20 August 2026Insurance

Allstate SCS-season cat losses hit $2.4bn as July bill surges 3.7x

US retail P&C insurer Allstate suffered a major jump in July cat losses sufficient to bring its running four-month storm season tally to $2.4 billion, a 10.6% year-on-year gain, but still well short of the first attachment point on its aggregate catastrophe reinsurance.

Already registered?

Login to your account

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

US rate filings hit the brakes as objections send business to E&S

20 August 2026 Rate approvals vary by more than 250 days across states, homeowners takes the most heat.

Xceedance appoints former Convex COO to executive to board

20 August 2026 Brings more than 30 years of re/insurance, asset management experience.

Commercial softening spreads, but some tides may be turning: CIAB

20 August 2026 Renewal price declines hit all account sizes, but Q2 survey hints at pockets of firmness.

More articles

Cyber claims value climbs over 600% in eight years; ransomware, malware largely to blame

US rate filings hit the brakes as objections send business to E&S

Xceedance appoints former Convex COO to executive to board

Commercial softening spreads, but some tides may be turning: CIAB

P&C revenue for Europe’s Big Four reinsurers shrinks by 9% in first half: Fitch

Capital rush into US inland marine could squeeze pricing and margins

Marco Capital boosts specialist insurance services with Pro Global acquisition

Exclusive: Why Bermuda was worth the ‘heavier lift’ for Grove Re

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze