Allstate Estimates April Catastrophe Losses at $594 Million

MT Newswires Live
15 May

Allstate (ALL) reported Thursday estimated catastrophe losses for April of $594 million, or $469 million after tax.

The catastrophe losses included 11 events, with 60% of the losses linked to two geographically widespread wind and hail events, the company said.

Allstate said it had 37.8 million protection policies in force for April, up 0.3% from a year ago.

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