Allstate announces August catastrophe loss estimate

• NYSE:ALL announced estimated catastrophe losses for August of $154M pre-tax and $100M post-tax.
• Catastrophe losses of 10 events for an estimated cost of $144M pre-tax adding unfavorable reserve reestimates of prior reported catastrophe losses.
• July and August estimated catastrophe losses totaled $407M pre-tax ($265M post-tax).
• Press Release