VestNexus.com

5010 Avenue of the Moon
New York, NY 10018 US.
Mon - Sat 8.00 - 18.00.
Sunday CLOSED
212 386 5575
Free call

Allstate estimates $213m in catastrophe losses for August

The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $213 million, or $168 million after tax, for the month of August.

The losses included 10 events, with approximately 70% attributable to three wind and hail events.

By comparison, , or $215 million after tax.

However, the August 2025 figure is higher than , or $145 million after tax.

So far, estimated losses for the third quarter of 2025 have reached $397 million, or $313 million after-tax.

The second quarter of 2025 saw significantly higher catastrophe losses, including , , and (all before tax), bringing the total for the quarter to $1.99 billion before tax.

Despite elevated catastrophe losses in Q2 2025, , up from $301 million in Q2 2024.

Additionally, at the mid-year renewals, for its US homeowners book.