ii-image-template-2023-08-02t114725-558
21 September 2023Insurance

Allstate suffers major boost in nat cat after $320m Maui wildfire

US P&C market leader Allstate suffered $641 million in gross nat cat losses across 18 events in August, tracing about half of the sum to wildfires on the Hawaiian island of Maui.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
17 November 2023   Average rate gains appear double digit across both homeowners and automotive.
Insurance
15 September 2023   H1 cats had stacked up for 64.7 pts on the H1 combined ratio on way to $1.7bn loss.
Insurance
14 August 2023   Continued cat losses remain a big threat in H2 as Allstates heads for deepened losses.