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

RTTNews | 286 days ago
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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Sensex, Nifty Lack Direction; Financials Surge

Sensex, Nifty Lack Direction; Financials Surge

Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
RTTNews | 5h 30min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods. Asian Markets closed mixed on Wednesday.
RTTNews | 6h 44min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market in trimming its early gains in mid-market moves on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains in mining and energy stocks partially offset by weakness in technology stocks.
RTTNews | 7h 23min ago