Article ID: bdf2cbcfeb87ea3836754d711d64c11bc85d257e485816e62784860477ac600c
Source ID: primary:reinsurancene.ws
Published At: -
Extraction Method: trafilatura
URL: https://www.reinsurancene.ws/allstate-estimates-682m-in-cat-losses-for-july/
Body Text
The Allstate Corporation, a US personal property and casualty insurer, has estimated catastrophe losses of $682 million, or $539 million after tax, for July 2026. The catastrophe loss estimate includes 23 events, with approximately 75% of the losses related to two wind and hail events. Allstate’s July estimate is an increase from June’s figure of $563 million, or $445 million after tax. Last month, Allstate also estimated total catastrophe losses for the second quarter of 2026 at $1.72 billion, or $1.36 billion after tax. Year over year, estimated catastrophe losses for July 2025 were significantly lower at $184 million, or $145 million after tax, stemming from 19 wind and hail events. Allstate also recently disclosed its results for the second quarter of 2026, with total revenues rising 11.8% year over year to $18.6 billion, while net income applicable to common shareholders increased 55.9% to $3.2 billion.
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