The Allstate Corp. (ALL) said Thursday it estimates pre-tax catastrophe losses for April of $216 million ($140 million after-tax).
The insurer said that catastrophe losses in April comprised seven events at an estimated cost of $242 million, pre-tax, partly offset by favorable reserve reestimates of prior reported catastrophe losses. Two severe weather events accounted for over 75% of the estimated loss for April events.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.