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February 6, 2013
16:23 EDTALLAllstate says Sandy loss estimate updated to $1.117B from $1.075B
Allstate said its Q4 property-liability underlying combined ratio was 86.7, versus 90.7 in Q4 of 2011, driven by improvements in auto and homeowners. The Q4 recorded combined ratio was 101.7 and included 10 catastrophe events estimated to cost $1.16B, offset by favorable reserve reestimates of prior catastrophe losses worth $103M, $80M of which were for pre-2012 catastrophe events. The loss estimate for Sandy was updated from an initial estimate of $1.075B to $1.117B. Of the increase, approximately $22M was due to higher losses not covered by our reinsurance programs, with the balance resulting from claim expenses not recoverable under the National Flood Insurance Program, additional reinsurance premiums and Fair Plan assessments.
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11:16 EDTALLAllstate accelerates to the downside
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10:05 EDTALLAllstate falls sharply after results
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10:01 EDTALLOn The Fly: Analyst Downgrade Summary
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09:16 EDTALLOn The Fly: Pre-market Movers
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06:20 EDTALLAllstate downgraded to Sector Perform from Outperform at RBC Capital
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05:27 EDTALLAllstate downgraded to Neutral from Conviction Buy at Goldman
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August 3, 2015
16:51 EDTALLAllstate reports Q2 premiums written $7.88B vs. $7.55B last year
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16:45 EDTALLAllstate reports Q2 EPS 79c, consensus 96c
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14:59 EDTALLNotable companies reporting after market close
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