BUZZ-Allstate rises after disclosing April catastrophe losses

Reuters
05-15
BUZZ-Allstate rises after disclosing April catastrophe losses

** Property and casualty insurer Allstate's ALL.N shares rise ~1.2% to $202.93

** ALL announces catastrophe losses for April to be $594 mln, or $469 mln after-tax

** Company says catastrophe losses for April include 11 events, with roughly 60% of the losses related to two geographically widespread wind and hail events

** ALL reports total policies in force (PIF) of 37.8 mln in April

** J.P. Morgan analysts say Allstate's April catastrophe losses were fairly benign in April

** Brokerage says co PIF trends improved from March 2025

** 17 of 21 brokerages rate stock "buy" or higher, 3 "hold" and one "sell"; their median PT is $230 - data compiled by LSEG

** Including session's moves, stock up ~5.2% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10