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Allstate estimates $563 million in June catastrophe losses
The estimate implies $445 million after tax, and brings Allstate’s Q2 2026 cat losses to $1.72 billion, or $1.36 billion after tax.
Allstate has estimated catastrophe losses of $563 million for June 2026, equivalent to $445 million after tax, according to Reinsurance News. The company’s June 2025 estimate was higher at $619 million, or $489 million after tax.
Looking at the broader period, Allstate estimated total catastrophe losses for the second quarter of 2026 at $1.72 billion, or $1.36 billion after tax. Reinsurance News reports this Q2 figure includes $870 million, or $687 million after tax, from April and $289 million pre-tax, or $228 million after tax, for May.
The estimate also puts Q2 2026 catastrophe losses above the first quarter of 2026, which totaled $1.24 billion, or $980 million after tax. Reinsurance News says the Q2 2025 estimate was $1.99 billion, or $1.57 billion after tax.