International, domestic insurers push into catastrophe-hit US property markets

International, domestic insurers push into catastrophe-hit US property markets

International insurers are capitalizing on the U.S. market for high-risk homes, as domestic providers retreat amid rising premiums from natural disasters, leading to increased demand for E&S policies.

Allstate now Top Pick at Morgan Stanley, 'growth will be in good hands in 2025'

Morgan Stanley names Allstate Corp. a Top Pick, predicting growth in auto policies and market share for 2025, driven by strategic advertising and improved retention.

Earnings call: Allstate reports growth and strategic expansion in Q3 2024

Allstate Corporation reported a strong Q3 2024 with revenues of $16.6 billion, driven by growth in the Property-Liability sector and new business applications. Challenges include declining retention rates.

Piper analysts say Hurricane Milton may change the insurance market

Hurricane Milton could significantly impact the insurance market, with expected substantial losses leading to potential stock declines and increased premiums, affecting several major insurance companies.