The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of December of $411 million or $325 million, after-tax. Catastrophe losses for the fourth quarter totaled $528 million, pre-tax.
Catastrophe losses for December events were estimated at $381 million, plus unfavorable reserve reestimates. Colorado’s Marshall Fire and December tornados accounted for 78% of December estimated catastrophe losses, with losses for the Marshall Fire estimated at $218 million.
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