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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Allstate Corp. Reports Estimated Catastrophe Losses For March Of $328 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of March 2024 of $328 million or $259 million, after-tax. Total catastrophe losses for the first quarter were $731 million, pre-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of January 2024 of $276 million or $218 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For February Of $211 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of February 2023 of $211 million or $167 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For July
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of July 2022 of $223 million or $176 million, after-tax.
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Asian Shares Mixed As Tariff Worries Weigh
Asian shares ended mixed on Thursday as U.S. President Donald Trump floated a 25 percent "reciprocal" tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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UK Car Production Declines Sharply: SMMT
UK car production logged a double-digit decline in January reflecting weakness in key markets combined with planned model changeovers, the Society of Motor Manufacturers and Traders, or SMMT, said Thursday. In January, vehicle production slid 17.7 percent from a year ago. Factories rolled out 71,104 cars and 6,908 commercial vehicles.
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European Economic News Preview: Eurozone Economic Confidence Data Due
Economic sentiment survey results and monetary aggregates from the euro area are due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the fourth quarter. The economy is forecast to grow 0.2 percent sequentially after rising 0.4 percent in the third quarter.
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