Profits fall 60% at Allstate amid COVID-19 crisis

US insurer Allstate Corporation saw a sharp decline in the first quarter of 2020 but managed to post a modest profit driven by "proactive risk and return management", according to its chief executive Tom Wilson.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

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 Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Allstate, Q1, 2020 results, Insurance, Reinsurance, Tom Wilson, North America

More on this story

Allstate to acquire National General in $4bn all-cash deal
08-07-2020

Allstate estimates almost $1bn cat losses for April & May
19-06-2020

Allstate pegs $632m catastrophe losses for April
22-05-2020

Allstate rating outlook downgraded by Fitch due to COVID-19 impact
18-03-2020

Allstate estimates $58m catastrophe losses for January 2020
20-02-2020

Profits fall 60% at Allstate amid COVID-19 crisis

More on this story

Other related

More on this story

Sign up for the newsletter