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Allstate Reports December Catastrophe Losses At $64 Mln Post Tax

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Allstate Corp. (ALL), a property and casualty insurer, Thursday said that its catastrophe losses for December stood at $64 million after tax.

The total catastrophe losses for the fourth quarter were $165 million post tax.

The company sold 38,275 policies for December which is higher by 0.2 percent sequentially compared to 38,207 policies sold in November, and is 2 percent higher compared to 35,730 policies sold in December of last year.

In pre-market activity, ALL shares were trading at $198, up 1.02% on the New York Stock Exchange.

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