Catastrophe

Allstate Pronounces Might 2024 Disaster Losses – Cyber Information

by

NORTHBROOK, Ailing., June 20, 2024 – The Allstate Company (NYSE: ALL) as we speak introduced estimated disaster losses for the month of Might of $1.40 billion or $1.10 billion, after-tax. Disaster losses included 14 occasions estimated at $1.48 billion, with roughly 70% of the losses associated to 5 wind and hail occasions, primarily in Texas, Colorado and Illinois. Complete disaster losses for April and Might have been … Read more

Cyber disaster bond market – room for development is appreciable: Howden – Cyber Information

by

There’s “appreciable” room for development within the cyber disaster bond market, as cyber insurers and reinsurers get more and more snug with event-based excess-of-loss protection choices and use of quota shares within the cyber reinsurance area reduces, broking group Howden has mentioned.Commenting on the rising cyber insurance coverage market, Howden famous that prospects look robust, … Read more

x