Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

RTTNews | vor 238 Tagen
Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.

Catastrophe losses in April include 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

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Canadian Market Up Marginally In Lackluster Trade

Canadian Market Up Marginally In Lackluster Trade

Canadian stocks are moving in a tight band in lackluster trade on Thursday as investors look for directional clues. Trading volumes are quite thin as U.S. financial markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.
RTTNews | vor 7Std 6 Minuten
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market, which stayed positive save for a few minutes at the start of the session on Thursday, closed modestly higher, in line with markets across Europe.
RTTNews | vor 7Std 59 Minuten
European Stocks Close On Firm Note

European Stocks Close On Firm Note

European stocks closed broadly higher on Thursday with those from the mining sector turning in a fine performance thanks to higher metal prices. A sell-off in retail stocks, tariff threats by U.S. President-elect Donald Trump, and persisting concerns about inflation limited markets' upside.
RTTNews | vor 8Std 21 Minuten
German Industrial Output & Exports Recover

German Industrial Output & Exports Recover

Germany's industrial production and exports rebounded in November but the underlying picture remained pretty grim amid job cuts in manufacturing and the possible hike in trade tariffs by the U.S. Industrial output increased a more-than-expected 1.5 percent on a monthly basis, in contrast to the revised 0.4 percent decrease in October, data from Destatis revealed Thursday.
RTTNews | vor 13Std 7 Minuten