Allstate Q2 cat losses breach $1bn after June events
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Allstate Q2 cat losses breach $1bn after June events

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Allstate has announced estimated pre-tax cat losses for June of $309mn.

The carrier said there were 16 events over the month, costing an estimated $311mn before tax, which was partially offset by favourable reserve re-estimates of prior-period cat losses.

According...

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