Aon’s Climate Risk Monitor to Drive Better Decisions On Risk Management and Renewals

US primary insurer Allstate has announced that its estimated catastrophe losses for February 2024 were under the $150 million reporting threshold, which is down on the $241 million of cat losses seen in February of last year.Last month, Allstate announced estimated catastrophe losses of $325 million for January 2024, which the insurer noted was mostly driven by two events that comprised approximat