The Allstate Corporation announced estimated catastrophe losses for the month of May of $436 million or $344 million, after-tax. May catastrophe losses included 14 events, primarily wind and hail in Texas, the Midwest and Canada, estimated at $423 million, plus unfavorable reserve reestimates for prior period events. Catastrophe losses for April and May totaled $752 million, pre-tax.
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5-day change | 1st Jan Change | ||
170.1 USD | +1.13% | +0.29% | +21.50% |
May. 06 | Raymond James Adjusts Price Target on Allstate to $195 From $190, Keeps Strong Buy Rating | MT |
May. 02 | JPMorgan Adjusts Price Target on Allstate to $193 From $185 | MT |
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- The Allstate Corporation Announces Estimated Catastrophe Losses for May 2022