Reinsurance News
Allstate
Allstate estimates $682m in cat losses for July
20th August 2026
The Allstate Corporation, a US personal property and casualty insurer, has estimated catastrophe losses of $682 million, or $539 million after tax, for July 2026. The catastrophe loss estimate includes 23 events, with approximately 75% of the losses related to two wind and hail events. Allstate’s July estimate is an increase from ... Read the full article
Allstate trims Florida cat reinsurance protection at mid-year renewal
6th August 2026
Allstate, a US primary insurance company, opted to reduce the amount of protection for its Florida excess catastrophe reinsurance tower at its mid-year renewal, while the carrier renewed numerous other contracts with some slight adjustments. Last year, the Florida cat reinsurance tower provided coverage up to $1.1 billion excess a $30 ... Read the full article
Allstate’s revenue rises 11.8% to $18.6bn in Q2’26
6th August 2026
The Allstate Corporation, a US personal property and casualty insurer, has reported total revenues of $18.6 billion in the second quarter of 2026, up 11.8% from $16.6 billion in the same period a year prior. The company attributed the revenue growth to increased policies in force, higher average homeowners insurance prices ... Read the full article
Allstate estimates $563m in cat losses for June
16th July 2026
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $563 million, or $445 million after tax, for June 2026. This is below Allstate's June 2025 estimate of $619 million, or $489 million after tax. Allstate also estimated total catastrophe losses for ... Read the full article
Allstate sees May cat losses ease to $289m after active April
18th June 2026
The Allstate Corporation has estimated catastrophe losses of $289 million pre-tax ($228 million after-tax) for May 2026, bringing its combined catastrophe losses for April and May to $1.16 billion pre-tax ($915 million after-tax). The May 2026 catastrophe losses represent a significant slowdown from April, which came in at $870 million ... Read the full article
Allstate estimates $870m in cat losses for April
21st May 2026
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses for the month of April 2026 of $870 million or $687 million, after-tax. These losses include 10 wind and hail events, with approximately 70% of the losses related to two events. Comparably, for Read the full article
Allstate’s Q1’26 revenue hits $16.9bn as strong underwriting drives $2.4bn profit
30th April 2026
Allstate has disclosed total revenues of $16.9 billion for Q1 2026, up $489 million from the same quarter of 2025, while net income increased to $2.4 billion, reflecting strong underwriting results. Meanwhile, Allstate's policies in force reached 212 million in Q1 2026, reportedly reflecting increased growth in auto and homeowners insurance ... Read the full article
Allstate extends Nationwide occurrence cat reinsurance and adjusts aggregate protection
30th April 2026
US primary insurer Allstate extended the top of its Nationwide Per Occurrence catastrophe reinsurance tower by $2 billion to provide coverage for events up to $11.5 billion of loss at its April renewal, and also made some changes to its aggregate protection. For Allstate's main 2026-2027 Nationwide Per Occurrence tower, the ... Read the full article
Allstate estimates $1.24bn Q1’26 cat losses with March contributing $925m
17th April 2026
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has announced its estimated catastrophe losses for the first quarter of 2026, totalling $1.24 billion, or $980 million, after-tax. While the figure represents a significant impact from severe weather events, it marks a significant improvement over Read the full article
Allstate estimates $175m January 2026 winter storm losses
19th February 2026
The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm Fern. This compares with substantially higher catastrophe losses in January 2025, when the company reported $1.08 billion, or ... Read the full article
Allstate revenues increase 5.1% in Q4’25 with net income reaching $3.8bn
5th February 2026
The Allstate Corporation published its financial results for the fourth quarter of 2025, reporting $17.3 billion in total revenues, 5.1% higher than the prior year quarter, and a net income of $3.8 billion, which compares to the $1.9 billion seen in the same period last year. The insurer also reported its ... Read the full article
Allstate’s total revenues reach $17.3bn in Q3’25 amid lower cat losses
6th November 2025
Allstate Corporation reported total revenues of $17.3 billion in Q3 2025, up $628 million, or 3.8%, from the same quarter in 2024. Net income applicable to common shareholders reached $3.7 billion in Q3 2025, compared with $1.2 billion in Q3 2024, reflecting strong operating performance across the enterprise. Catastrophe losses also declined ... Read the full article
Allstate restructures senior leadership to drive Property-Liability growth
2nd October 2025
The Allstate Corporation has made a series of changes to its senior leadership team, including the placement of Mario Rizzo as Chief Operating Officer, responsible for the Property-Liability and Protection Services businesses. Rizzo, who was previously President of Property-Liability, has held numerous senior roles during his 33 years at Allstate, including ... Read the full article
Allstate estimates $213m in catastrophe losses for August
18th September 2025
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $213 million, or $168 million after tax, for the month of August. The losses included 10 events, with approximately 70% attributable to three wind and hail events. By comparison, Allstate estimated higher ... Read the full article
Allstate estimates $184m in catastrophe losses for July
21st August 2025
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $184 million or $145 million, after-tax for July. The company reported that the cat losses stemmed from 19 wind and hail events. By comparison, estimated catastrophe losses for July 2024 were much ... Read the full article
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