US primary insurer Allstate is back in the catastrophe bond market and seeking $350 million or more in multi-peril catastrophe reinsurance protection from the capital markets through a Sanders Re II Ltd. (Series 2024-3) issuance, Artemis can report.For Allstate, this new catastrophe bond will be the twentieth in the Sanders Re series of deals and … Read more
NORTHBROOK, Ill., November 04, 2024 – As the holiday season nears, Allstate and Arlo, a leading smart home security brand, are introducing a smarter way to protect homeowners with The Arlo Total Security bundle for Allstate. “This exclusive package, offered at a special reduced price, helps homeowners rest easy with Arlo’s advanced security system backed … Read more
NORTHBROOK, Ill., Nov 1, 2024—The Allstate Foundation, in collaboration with the Center for Expanding Leadership & Opportunity (CELO), granted $10,000 each to 50 colleges and universities. These funds will go directly to youth-led, youth driven service programs on campuses across the country. It’s part of The Allstate Foundation’s national strategy to empower youth to serve and improve communities. … Read more
NORTHBROOK, Ill., Oct. 28, 2024 – Allstate today announced a new chapter in its longstanding support of college athletics that will spotlight and elevate all sports and all athletes. As part of this effort, Allstate will expand its most recognizable and impactful college football properties – the Good Hands field goal nets program and the … Read more
NORTHBROOK, Ill., October 17, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $889 million or $702 million, after-tax, including $630 million, pre-tax, related to Hurricane Helene. Total catastrophe losses for the third quarter were $1.70 billion or $1.35 billion, after-tax, and total catastrophe losses for September year-to-date were $4.55 billion or $3.60 billion, after-tax. During … Read more
