Allstate Announces October 2020 Catastrophe Losses
November 19, 2020 at 08:24 AM EST
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of October of $345 million, pre-tax ($273 million, after-tax).
Catastrophe losses in October comprised 10 events at an estimated cost of $324 million, pre-tax ($256 million, after-tax), plus increased estimated catastrophe losses for prior quarter events. Estimated catastrophe losses for the month include the impacts of Hurricane Zeta and Hurricane Delta, which accounted for approximately 85% of current month losses.
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