May 2025 Monthly Release | Allstate Newsroom

Date:

NORTHBROOK, Ill., June 18, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $777 million or $614 million, after-tax. Catastrophe losses for May include 11 events with approximately 70% of the losses related to three geographically widespread wind and hail events. Total catastrophe losses for April and May were $1.37 billion or $1.08 billion, after-tax.

Allstate Protection policies in force are as follows:

Allstate Protection Policies in Force*

in thousandsMay 31, 2025April 30, 2025May 31, 2024May 31, 2025 v Apr. 30, 2025May 31, 2025 v May 31, 2024
Auto25,22625,17525,1770.2 %                0.2 %
Homeowners7,5877,5717,408                0.2 %2.4 %
Other personal lines4,8874,8824,865                0.1 %0.5 %
Commercial lines180184264                (2.2) %                (31.8) %
Total37,88037,81237,714                0.2 %0.4 %

*Policy counts are based on items rather than customers. A multi-car customer would generate multiple item (policy) counts, even if all cars were insured under one policy. Lender-placed policies are excluded from policy counts because relationships are with the lenders.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Forward-Looking Statements

This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.

#  #  #


Post Views: 405

[

Source link

Share post:

Subscribe

Popular

More like this
Related

Tackling the rising burden of uterine cancer with innovative approaches and personalised care

Uterine cancer, once considered a relatively unusual gynaecological malignancy...

Puma Shares Soar on Report Pinault Family Exploring Sale of 29 percent Stake

Shares in Puma SE surged after Bloomberg reported...

India and US Drive Prop Firm Traffic Growth in Global Market Split

India and the United States have emerged as the dominant...