Allstate adds $851mn to reinsurance tower

05 May 2022

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Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

The Nationwide program this year provides coverage up to $6.614bn of loss less a $500mn retention, compared to the prior-year coverage of up to $5.763bn

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Allstate adds $851mn to reinsurance tower

Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

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Allstate adds $851mn to reinsurance tower

Allstate reported cat reinsurance costs of $144mn for the quarter, compared to $113mn last year, as it expanded its treaty.

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Uncover exclusive insights tailored for insurance leaders

Topics

ILS managers can differentiate on ESG factors: panel

Cyber ILS market 'yet to be tested’: panel

Sponsors routinely weigh cat bonds as part of their risk transfer strategy: panel

Jamaica’s $150mn cat bond prices at upper reach of guidance

USAA raises $125mn through Residential Re, drops zero-coupon layer