AI English summary of an SEC filing — figures as filed
Allstate said on May 16, 2024 that estimated catastrophe losses for the month of April 2024 were $494 million, or $390 million after tax.
Key points
AI summaryAllstate said on May 16, 2024 that estimated catastrophe losses for the month of April 2024 were $494 million, or $390 million after tax.
The company said April catastrophe losses included 11 events, with estimated losses of $491 million.
Allstate said about 80% of the 11 catastrophe events' losses were related to 4 wind, hail or tornadic (wind, hail or tornadic) events.
The company said it posted the press release dated May 16, 2024 on allstateinvestors.com and attached it as Exhibit 99, furnished under Form 8-K Instruction B.2 and not filed.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Allstate April 2024 Estimated Catastrophe Losses $494 million
Allstate said on May 16, 2024 that estimated catastrophe losses for the month of April 2024 were $494 million, or $390 million after tax.
Source · Based on the filing body and exhibits
11 Events Included in Catastrophe Losses $491 million
The company said April catastrophe losses included 11 events, with estimated losses of $491 million.
Source · Based on the filing body and exhibits
About 80% of Losses from 4 Wind, Hail and Tornadic Events
Allstate said about 80% of the 11 catastrophe events' losses were related to 4 wind, hail or tornadic (wind, hail or tornadic) events.
Source · Based on the filing body and exhibits
Reg FD Disclosure and Exhibit 99 Press Release Filed
The company said it posted the press release dated May 16, 2024 on allstateinvestors.com and attached it as Exhibit 99, furnished under Form 8-K Instruction B.2 and not filed.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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