Allstate Reports Q4 Catastrophe Losses of $68 Million

Source: AFX International | Published on January 19, 2024

Allstate catastrophe losses

Property and casualty insurer Allstate Corp reported catastrophe losses for the fourth quarter stood at $68 million before tax.

For the month of December, the company said losses were below the $150 million reporting threshold.

Prior year reserve re-estimates, excluding catastrophes were totaling $199 million, including around $148 million related to personal auto, including costs for claims in litigation.