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The Allstate Corp. (ALL) reported estimated catastrophe losses for the month of October of $345 million, pre-tax ($273 million, after-tax). The company said the estimated catastrophe losses for the month include the impacts of Hurricane Zeta and Hurricane Delta, which accounted for approximately 85% of current month losses.


RTTNews | Nov 19, 2020 08:35AM EST

08:34 Thursday, November 19, 2020 (RTTNews.com) - The Allstate Corp. (ALL) reported estimated catastrophe losses for the month of October of $345 million, pre-tax ($273 million, after-tax). The company said the estimated catastrophe losses for the month include the impacts of Hurricane Zeta and Hurricane Delta, which accounted for approximately 85% of current month losses.

The company noted that the catastrophe losses in October comprised 10 events at an estimated cost of $324 million, pre-tax ($256 million, after-tax), plus increased estimated catastrophe losses for prior quarter events.

Read the original article on RTTNews ( https://www.rttnews.com/3147418/allstate-corp-reports-oct-estimated-catastrophe-losses-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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