tradingkey.logo

Allstate rises after disclosing April catastrophe losses

ReutersMay 15, 2025 2:14 PM

Property and casualty insurer Allstate's ALL.N shares rise ~1.2% to $202.93

ALL announces catastrophe losses for April to be $594 mln, or $469 mln after-tax

Company says catastrophe losses for April include 11 events, with roughly 60% of the losses related to two geographically widespread wind and hail events

ALL reports total policies in force (PIF) of 37.8 mln in April

J.P. Morgan analysts say Allstate's April catastrophe losses were fairly benign in April

Brokerage says co PIF trends improved from March 2025

17 of 21 brokerages rate stock "buy" or higher, 3 "hold" and one "sell"; their median PT is $230 - data compiled by LSEG

Including session's moves, stock up ~5.2% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI