Allstate (ALL) announces May estimated catastrophe losses
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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 (1) | ||||||||||||||||||||||||||||||||
| (in thousands) | May 31, 2025 | April 30, 2025 | May 31, 2024 | May 31, 2025 v Apr. 30, 2025 | May 31, 2025 v May 31, 2024 | |||||||||||||||||||||||||||
| Auto | 25,226 | 25,175 | 25,177 | 0.2 | % | 0.2 | % | |||||||||||||||||||||||||
| Homeowners | 7,587 | 7,571 | 7,408 | 0.2 | % | 2.4 | % | |||||||||||||||||||||||||
| Other personal lines | 4,887 | 4,882 | 4,865 | 0.1 | % | 0.5 | % | |||||||||||||||||||||||||
| Commercial lines | 180 | 184 | 264 | (2.2) | % | (31.8) | % | |||||||||||||||||||||||||
| Total | 37,880 | 37,812 | 37,714 | 0.2 | % | 0.4 | % | |||||||||||||||||||||||||
(1)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.
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