The insurer has renewed the largest reinsurance tower in its history
Allstate reinsured to $11.5bn for 2026
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Allstate buys Nationwide occurrence reinsurance to $11.5bn, gets $1bn new aggregate cover
 US primary insurer Allstate added more protection to its per-occurrence Nationwide Excess Catastrophe Reinsurance Program, lifting the top of the tower a new high of $11.5 billion at its recent renewal, while also securing a new $1 billion aggregate excess reinsurance arrangement as well.
It marks the most reinsurance Allstate has purchased in its history, we believe, with the Nationwide tower now covering losses up to its highest level ever. We analysed the new reinsurance towers in our article yesterday.
Read the full story.
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