Allstate SCS-season cat losses up 32% to $3.15bn on pricey July-Aug

US retail P&C insurer Allstate suffered $748 million in pre-tax August cat losses, 3.5x the prior year period and sufficient to bring the five-month SCS season tally to $3.15 billion, a 32% year-on-year gain, the latest monthly filing from the firm indicates.

Already registered?

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

China’s tech drive reshaping insurance opportunity as economic growth moderates: Swiss Re

3 November 2026 China needs more than capacity as technological self-reliance and AI infrastructure drive emerging risks higher in both size and complexity, warns Swiss Re’s Beat Strebel.

Insurance

Softening Asian rates put underwriting efficiency in focus

3 November 2026 Asia-Pacific offers huge growth potential, but softening rates are squeezing reinsurers’ margins. mea Platform’s Tom Ludescher explains how AI at the front door of underwriting can make that growth pay.

Insurance

Data centre dash opens prospect of $30 billion annual cover bonanza

3 November 2026 The shift towards intangible assets once raised questions about traditional insurance's relevance. Now, the AI infrastructure boom is creating a new generation of physical risks – and decades of opportunity for re/insurers.

‘No significant progress’ in closing Asia’s insurance gap – Munich Re urges action

‘A two-way marketplace’: Lloyd’s seeks bigger role in Asia

China’s tech drive reshaping insurance opportunity as economic growth moderates: Swiss Re

Beazley bullish on Asia as Zurich deal opens new opportunities

Emerging risks, affordability and protection gaps reshape APAC growth opportunities: Aon

More facultative capacity across APAC, but complex risks remain hard to place: Scor

APAC marine and energy offers a ‘diversifier within a diversifier’: Gallagher Re

Softening Asian rates put underwriting efficiency in focus

Allstate SCS-season cat losses up 32% to $3.15bn on pricey July-Aug

More on this story

Editor's picks

Editor's picks

More articles