Allstate catastrophe losses News
Allstate’s May Pre-Tax Catastrophe Losses Reached $202M
Allstate said it got hit with $202 million in pre-tax catastrophe losses in May, generated from eight separate events. The cost actually reached $259 million, but favorable reserve re-estimates for ...
Catastrophe Losses, Currency Volatility Upended Liberty Mutual’s Q2
Liberty Mutual Insurance faced a net income decline of close to 36 percent in the 2015 second quarter, with currency volatility, higher catastrophe losses and energy sector market pressures to blame. ...