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Insurance premiums are rising—and so are shares of insurers. Allstate shares were up around 2% on Thursday morning after the insurer reported second-quarter results late on Wednesday.
Allstate tends to sponsor two or three catastrophe bond each year, one of which is typically focused on sourcing capital markets backed reinsurance for its Florida primary insurance businesses.
Welcome to Allstate ... insurance as a growth opportunity. Turning to Slide 6, let’s discuss how expanded access under transformative growth is starting to increase growth. In the chart ...
Property-Liability combined ratio was 97.4 for the quarter which was 4.4 points above the prior ... prior year reserve reestimates. Allstate Protection auto insurance generated attractive margins ...
The company expects total Property-Liability policies in force to increase this year as auto insurance policy renewal rates improve and new business continues to grow. Allstate continues to refine ...
In 2021, Allstate sold the bulk of its life insurance business to Blackstone for $2.8 billion. From a strategic point of view, we like this move, as we don’t believe there are any material ...
Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, Allstate said ...
Allstate Corporation is an insurance firm that offers protection for autos, homes, electronic devices and identity theft. The sale is expected to help Allstate with a financial book gain of about ...
Allstate Corporation is an insurance firm that offers protection for autos, homes, electronic devices and identity theft. The sale is expected to help Allstate with a financial book gain of about ...
Climate change-related weather events roiling insurance markets across the U.S. may well connect the dots between California and Illinois, according to industry analysts. Allstate is increasing ...
A new lawsuit claims Allstate insurance and its ... or collect fuel points. The attorney general says the car insurance company maintained the "world’s largest driving behavior database." ...