
Allstate estimates May cat losses at $777m
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed from 11 separate events, with
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed from 11 separate events, with
Zurich-domiciled catastrophe insurance data provider PERILS AG has disclosed its second industry loss estimate for Cyclone Alfred to AUD 2.25 billion, a 12% dip from
According to credit rating agency AM Best, the US property and casualty (P/C) insurance industry recorded a $1.1 billion net underwriting loss in the first
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported an underwriting loss of ₹392.3 crore for the fourth quarter ended
The Insurance Council of Australia (ICA) has upgraded the Mid North Coast and Hunter flooding event classification to an “Insurance Catastrophe” due to updated feedback
With a preliminary insured loss estimate ranging from $4 billion to $7 billion for the severe weather events across the U.S. between May 14 and
Given the widespread tornado, hail, and wind damage across the central and eastern United States, Aon has suggested that the May 14–17 outbreak could rank
In what is currently regarded as the costliest severe weather event of 2025, a widespread tornado outbreak across the U.S. Midwest and Southeast has resulted
Slide Insurance, a technology-enabled insurance firm, has finalised pricing for its $250 million Purple Re Ltd. (Series 2025-1) catastrophe bond, the fourth and largest issuance
The Allstate Corporation has revealed estimated catastrophe losses for April 2025 of $594 million or $469 million, after-tax. According to the firm, catastrophe losses for
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