Allstate takes $213mn May cat losses as claims ease back from higher April toll
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Allstate takes $213mn May cat losses as claims ease back from higher April toll

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Allstate has announced May 2021 pre-tax cat losses of $213mn, 39% down on the $350mn figure recorded in the same month last year.

It is also significantly less than the firm’s cat losses recorded the prior month, which reached $544mn.

Post-tax cat losses for May were $168mn.

Allstate

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