Wednesday, December 24, 2025

Allstate More Than Triples Q3 Net Income to $3.7 Billion

Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more then triple the $1.2 billion booked for the same quarter a year ago.

Allstate’s Property-Liability business turned in a Q3 combined ratio more than 16 points better than Q3, 2024, at 80.1. Catastrophe losses for the quarter were $558 million compared to $1.7 billion.

Property-Liability booked underwriting income for Q3 of nearly $2.9 billion compared with $495 million a year ago during the same period. Premiums written increased 6.3% to about $15.6 billion.

Allstate’s so-called “Transformative Growth” strategy is “increasing Property-Liability market share and expanding protection offerings,” said CEO Tom Wilson in a statement. “Property-Liability market share increased in non-standard auto and homeowners insurance and in the independent agent channel.”

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