AI English summary of an SEC filing — figures as filed
Allstate ALLThe company said it estimated catastrophe losses for May 2024 at $1.40 billion ($1.10 billion after tax) on June 20.
Key points
AI summaryThe company said it estimated catastrophe losses for May 2024 at $1.40 billion ($1.10 billion after tax) on June 20.
The company said the catastrophe losses included 14 events with an estimated $1.48 billion, and that about 70% of the losses related to 5 wind and hail events, primarily in Texas, Colorado and Illinois.
The company said total catastrophe losses for April and May were $1.89 billion pre-tax, and that catastrophe losses for year-to-date through the end of May were $2.62 billion pre-tax.
The company said its June 20, 2024 press release reports estimated catastrophe losses for May, and that it is furnishing the release as Exhibit 99 under Form 8-K Item 7.01, furnished 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.
Estimated Catastrophe Losses for May 2024
The company said it estimated catastrophe losses for May 2024 at $1.40 billion ($1.10 billion after tax) on June 20.
Source · Based on the filing body and exhibits
14 Events and Wind and Hail Share of Losses
The company said the catastrophe losses included 14 events with an estimated $1.48 billion, and that about 70% of the losses related to 5 wind and hail events, primarily in Texas, Colorado and Illinois.
Source · Based on the filing body and exhibits
Catastrophe Losses for April–May and Year-to-Date Through May
The company said total catastrophe losses for April and May were $1.89 billion pre-tax, and that catastrophe losses for year-to-date through the end of May were $2.62 billion pre-tax.
Source · Based on the filing body and exhibits
Reg FD Disclosure Method
The company said its June 20, 2024 press release reports estimated catastrophe losses for May, and that it is furnishing the release as Exhibit 99 under Form 8-K Item 7.01, furnished 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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