The Allstate Corporation announced estimated catastrophe losses for the month of June of $230M or $182M, after-tax. June month catastrophe losses include 18 events estimated at $274M, primarily related to geographically widespread wind and hail events. Total catastrophe losses for the second quarter were $2.12B , pre-tax or $1.67B, after-tax, and total catastrophe losses for June year-to-date were $2.85B, pre-tax, or $2.25B , after-tax.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALL:
- Allstate Reports Estimated Catastrophe Losses for Q2 2024
- Allstate price target raised to $200 from $193 at JPMorgan
- Allstate price target lowered to $200 from $205 at Morgan Stanley
- Allstate shares have three likely catalysts, says Keefe Bruyette
- Arlo Technologies launches strategic partnership with Allstate