other material
confidence high
sentiment negative
materiality 0.80
Allstate estimates Q2 catastrophe losses at $2.12B pre-tax; June losses $230M
ALLSTATE CORP
- June catastrophe losses $230M pre-tax ($182M after-tax) from 18 events, mainly wind/hail.
- Second quarter 2024 total catastrophe losses $2.12B pre-tax ($1.67B after-tax).
- Year-to-date June 2024 catastrophe losses $2.85B pre-tax ($2.25B after-tax).