|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||94.60 - 95.35|
|52 Week Range||84.25 - 105.36|
|PE Ratio (TTM)||11.35|
|Forward Dividend & Yield||1.84 (1.89%)|
|1y Target Est||N/A|
One of the most difficult industry to value is insurance, given that they adhere to different rules compared to other companies. Industry-specific factors, such as gross written premiums are crucialRead More...
A former Allstate Insurance Co. employee who was fired following an arrest has been awarded more than $18 million in damages. The San Diego Union-Tribune reports a San Diego jury awarded 55-year-old Michael Tilkey about $2.6 million in actual damages and nearly $16 million in punitive damages in his in wrongful termination lawsuit. Tilkey was fired by Allstate in 2016 after he was arrested in Arizona the prior year following an argument he had with his then-girlfriend.
Berkshire Hathaway's Warren Buffett opined about whether climate change will affect the insurance industry significantly, as worsening weather has led to a significant amount of expensive natural disasters in 2017.
Allstate's (ALL) Q1 earnings ride high on decreased auto accident frequency, lower catastrophe loss and a reduced tax incidence.
The Northbrook, Illinois-based company said it had profit of $2.63 per share. Earnings, adjusted for non-recurring costs, came to $2.96 per share. The results beat Wall Street expectations. The average ...
When The Allstate Corporation (NYSE:ALL) released its most recent earnings update (31 December 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarksRead More...
What are the 10 Largest Property and Casualty Insurance Companies in 2018? Let’s find out. Property and casualty insurance helps protect people from the unexpected. Given that the unexpected happens all the time and sometimes when you least expect it, property and casualty insurance is often essential. Although there are many subcategories of property and casualty […]
Of the 18 analysts covering American International Group (AIG) in March and April, six recommended “strong buy,” four recommended “buy,” seven recommended “hold,” and one recommended “sell.”
In American International Group’s (AIG) General Insurance segment, North American net premiums fell between 2016 and 2017, from $13.9 billion to $11.4 billion. These operations’ adjusted pre-tax loss fell from $2.3 billion to $232 million, and net premiums fell from $13 billion to $10.9 billion. However, net investment income rose from $3 billion to $3.1 billion.
Between 2016 and 2017, American International Group’s (AIG) General Insurance segment’s net premiums fell to $26 billion from $29.5 billion, and its adjusted pre-tax loss amounted fell to $813 million from $2 billion. Last year was a tough one for the segment, mainly due to significant catastrophe losses witnessed in North America. In 2017, General Insurance had total catastrophe losses of $4.1 billion, with $3.2 billion in the North American segment and $891 million in the international segment.
A beneficial operating environment, fundamental strength of insurers and a lower tax rate must drive their performance in Q1.
Allstate (ALL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Billionaire Warren Buffett is known as one of the greatest investors in the world. When talking about Warren Buffett, we focus on his stock portfolio, but we often overlook one important sector that Buffett’s Berkshire Hathaway is thriving in and which is one of the cornerstones of the company – insurance. Berkshire Hathaway has three insurance subsidiaries: […]
Today we’re going to take a look at the well-established The Allstate Corporation (NYSE:ALL). The company’s stock received a lot of attention from a substantial price movement on the NYSERead More...
KKR's Henrey McVey offers his insights on the insurance industry since the global financial crisis. With CNBC's Mike Santoli.