Article ID: e7ab6543261b74264af92092ef8c1555c76d6687ee86b0693c84bf7abd3d7f8a
Source ID: primary:reinsurancene.ws
Published At: -
Extraction Method: trafilatura
URL: https://www.reinsurancene.ws/allstate-estimates-august-cat-losses-at-748m/
Body Text
The Allstate Corporation, a US personal property and casualty insurer, has announced estimated catastrophe losses for the month of August of $748 million or $591 million, after-tax. The losses were generated by 21 events, with a single severe wind and hail event accounting for roughly half of the total impact. August’s figure marks a consecutive rise in catastrophe losses, increasing from the $682 million, or $539 million after tax, Allstate estimated for the month of July, which had already risen from June’s $563 million, or $445 million after tax. Together, July and August catastrophe losses reached $1.43 billion or $1.13 billion, after-tax. For the second quarter of 2026, catastrophe losses were estimated at $1.72 billion, or $1.36 billion after tax.
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