Allstate sees Q2 net loss of $1.4bn driven by heavy cat losses of $2.7bn

Published on August 2, 2023
Allstate Corporation has reported a Q2 net loss applicable to common shareholders of $1.4 billion, chiefly driven by increased underwriting losses due to
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People Moves: Miller Taps Marsh's Holloway as Head of Europe; HSB Canada Names Walker Chief Distribution Officer; HDI's UK & Ireland Branch Announces Key Hires

August 2, 2023
This edition of International People Moves details appointments at Miller, HSB Canada and HDI Global. A summary of these new hires follows here. Miller

Allstate shrinks Florida reinsurance tower, uses cat bonds to fill upper layers

August 2, 2023
At the mid-year renewals, US primary insurance giant Allstate has shrunk its Florida reinsurance tower, and shifted all of its catastrophe bond coverage