Allstate Announces June and Second Quarter 2019 Catastrophe Loss Estimates
Allstate Corporation (The) (ALL)
Last allstate corporation (the) earnings: 2/4 06:08 pm
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US:NYSE Investor Relations:
allstateinvestors.com
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Source: Business Wire
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June 2019 of $309 million, pre-tax ($244 million, after-tax). Catastrophe losses occurring in June comprised 16 events at an estimated cost of $311 million, pre-tax ($246 million, after-tax), partially offset by favorable reserve reestimates of prior period catastrophe losses. Four severe wind and hail weather events, primarily impacting Texas, accounted for approximately 60% of June estimated catastrophe losses.Allstate previously announced $763 million, pre-tax ($603 million, after-tax), in estimated catastrophe losses for the months of April and May 2019, bringing estimated catastrophe losses for the second quarter 2019 to $1.07 billion, pre-tax ($847 million, after-tax).Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.Forward-Looking StatementsThis news relea
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Sec Filings
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- 4/9/24 - Form 4
- 4/3/24 - Form 4
- ALL's page on the SEC website