Previous close | 1.2500 |
Open | 1.2500 |
Bid | 0.0500 |
Ask | 3.4000 |
Strike | 85.00 |
Expiry date | 2023-01-20 |
Day's range | 1.2500 - 1.2500 |
Contract range | N/A |
Volume | |
Open interest | 45 |
Allstate (ALL) announces after-tax catastrophe loss estimates of $250 million in April 2022. Simultaneously, it pursues rate hikes to benefit premiums in the same month.
NORTHBROOK, Ill., May 19, 2022--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $316 million or $250 million, after-tax. April catastrophe losses included fourteen events, primarily wind, hail and tornados in Texas and the southeast, estimated at $299 million, plus unfavorable reserve reestimates for prior period events.
RenaissanceRe's (RNR) higher gross premiums at the Casualty and Specialty segment and a better combined ratio reflect an improving business scenario.