The Allstate Corporation today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax.
Tag: catastophe losses
Wildfires and Thunderstorms Are Throwing Insurance Market Into Turbulence
Smaller but more frequent catastrophes are a primary driver of changing rates and coverage.
Capital Growth and Improved Risk Spreads Drive ILS Market
2018 is set to be another year of growth for insurance linked securities (ILS) as the market recovers from recent natural disasters, replaces lost capital and investors show mounting interest in ILS products. These are the findings of the latest quarterly ILS market update, from Willis Towers Watson Securities, the investment banking business of leading… Continue reading Capital Growth and Improved Risk Spreads Drive ILS Market