Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln
(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.
Catastrophe losses in April include 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.
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Allstate Corp. Reports Estimated Catastrophe Losses For March Of $328 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of March 2024 of $328 million or $259 million, after-tax. Total catastrophe losses for the first quarter were $731 million, pre-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For January Of $276 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of January 2024 of $276 million or $218 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For February Of $211 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of February 2023 of $211 million or $167 million, after-tax.
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Allstate Corp. Reports Estimated Catastrophe Losses For July
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of July 2022 of $223 million or $176 million, after-tax.
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Verizon Lifts FY26 Outlook After Higher Q3; Signs $2 Bln AI Deal With AWS; Stock Drops
Telecom major Verizon Communications Inc. on Monday reported higher third-quarter results and raised fiscal 2026 forecast. Further, the company announced that it has signed an agreement valued at more than $2.0 billion with Amazon Web Services or AWS to expand its AI Infrastructure. In the early morning trading on the NYSE, VZ shares were losing around 2.34 percent.
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Canadian Market Likely To Open On Positive Note
Higher precious metals prices and easing concerns about inflation thanks to a drop in oil prices suggest a positive start for stocks on Bay Street Monday morning.
With a slew of corporate earnings updates from Canada and U.S. due this week, the mood in the market is likely to remain a bit cautious.
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Dollar Index Edged Down Last Week
The U.S. Dollar retreated and the Dollar Index edged down during the week ended October 23 that witnessed renewed AI jitters and geopolitical tensions. Expectations of a monetary policy pause by the Federal Reserve kept the Dollar Index subdued. The debt-market-turmoil in Fance also weighed on currency market sentiment.
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FTSE 100 Advances As Bank, Mining Stocks Climb Higher
The U.K. stock market gained moderate ground in positive territory on Monday, supported by gains in bank, mining and technology stocks.
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