Tag: Allstate


Insurers, Brokers Among Those Named World’s Most Ethical Companies

March 22, 2022

Via: Insurance Journal

Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that defines and measures corporate ethical standards and […]

Financial, Risk Management

Allstate reports YoY growth in revenues of 20.7%

February 3, 2022

Via: Reinsurance News

The Allstate Corporation has reported a YoY increase in revenues of 20.7% in its latest results. The insurance giant reported that its consolidated revenues rose from $41,909m across the whole of 2020 to $50,588m in 2021. It was also reported […]

Financial, Geo-Political, Risk Management

Allstate reports $544m of catastrophe losses and loss creep in April

May 20, 2021

Via: Artemis BM

US primary insurance carrier Allstate has reported $544 million of net catastrophe losses, largely caused by April’s severe US convective weather and hail storms, as well as some loss creep on previous events. The insurer said that the $544 million […]

Geo-Political, Risk Management

Allstate says winter storm loss to trigger Sanders Re II 2019-1 cat bond

March 18, 2021

Via: Artemis BM

US primary insurer Allstate has revealed a significant approximately $1.3 billion gross loss from the winter storms and severe winter freeze, primarily impacting Texas, which it warns mean its aggregate reinsurance will trigger, which is provided by its Sanders Re […]

Financial, Risk Management

Allstate’s auto insurance renewal rate is its worst in two decades

February 5, 2021

Via: Insurance Business

Things are not looking good with Allstate, which has posted its worst auto insurance customer retention numbers in two decades. In 2020, the company’s auto policy renewals were 87.5%, down from 88% in 2019. It was Allstate’s worst policy renewal […]