'
ProgramBusiness
 
  


  1. News Articles
  2. Related News Articles
  3. Comments
News Article Details

Allstate Announces March Catastrophe Loss Estimate


Posted on 20 Apr 2012

Facebook LinkedIn Twitter Google

The Allstate Corporation today announced estimated catastrophe losses for the month of March 2012 of $190 million, pre-tax, and an estimated $260 million, pre-tax, for the first quarter of 2012. The first quarter catastrophe losses comprised 15 events at an estimated cost of $420 million, a result similar to first quarter 2011, partially offset by favorable reserve reestimates of prior year catastrophe losses.

This announcement is made as part of Allstate's previously announced plan to release month and quarter-to-date catastrophe losses when a monthly estimate exceeds $150 million. The company plans to release this information no later than the third Thursday of the following month.


Comments

Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000