NORTHBROOK, Ill., May 15, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $594 million or $469 million, after-tax. Catastrophe losses for April include 11 events with approximately 60% of the losses related to two geographically widespread wind and hail events. Allstate Protection policies in force are … Read more
We’ve published this article as an earlier piece on UCITS catastrophe bond fund performance was incorrect, there was an error in the data we received. Based on new data, the average return of UCITS cat bond funds tracked by the Plenum CAT Bond UCITS Fund Indices was flat at the first pricing in May, but … Read more
Business insurance buyer’s guide: What and how In light of, well, literally everything, businesses of all sizes are reassessing their risk management strategies and insurance coverage before their renewal date. Finding the right insurance for your business can be a complex process, requiring careful consideration of your specific risks, industry requirements, and budget constraints. The decisions you make … Read more
This week’s main blog discussions include … What would you do if you lost a billion dollars? Whilst walking the dog, I’ve been entertained by a fascinating series of podcasts on BBC Sounds called Fool’s Gold. It tells the story of two detectorists – folks who search everywhere using metal detectors – who found gold … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Today’s highest CD rate is 5.02% for a 1-year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates … Read more