Allstate announces june and second quarter 2023 catastrophe losses, implemented rates and prior year reserve reestimates

Northbrook, ill.,--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of june of $1.01 billion or $799 million, after-tax. june month catastrophe losses include 18 events estimated at $1.13 billion, with approximately 60% of the losses related to four wind and hail events, partially offset by favorable reserve reestimates for prior events. total catastrophe losses for the second quarter were $2.70 billion, pre-tax. unfavorable prior.
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