Allstate posts March cat loss of $1.04bn net of reinsurance recoveries
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Allstate posts March cat loss of $1.04bn net of reinsurance recoveries

The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.

By Kyoung-son Song
April 17, 2025
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Allstate has surpassed the retention of its annual aggregate reinsurance cover for the annual risk period ending March 31, 2025, and expects recoveries of approximately $123mn.

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Topics

News Personal lines Homeowners' insurance Claims and losses Insurers North America Allstate
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