Personal Insurance

Winter storm Fern pushes Allstates pre-tax aggregate risk period cat losses to $2.932bn

US insurer Allstate has announced estimated pre-tax catastrophe losses of $175 million for January 2026, primarily related to recent winter storm Fern in the United States, which has lifted the total for the current annual aggregate risk period for the firm’s catastrophe bonds to $2.932 billion.This loss event could further erode the aggregate retention of some of Allstate’s Sanders Re catastrophe bonds, increasing the potential exposure of those layers to,.. Read More

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