The company said estimated catastrophe losses for August 2024 were $272 million, or $215 million after tax, including favorable reserve reestimates for prior-period events.

1. 01

   The company said estimated catastrophe losses for August 2024 were $272 million, or $215 million after tax, including favorable reserve reestimates for prior-period events.

2. 02

   It said catastrophe losses for August included 15 events estimated at $306 million, with about $75 million related to a hail event in Calgary, Canada.

3. 03

   The company said the Calgary hail event estimate includes reinsurance reinstatement premiums and is net of anticipated reinsurance recoveries of $225 million.

4. 04

   Allstate said total catastrophe losses for July and August were $814 million ($643 million after tax), and year-to-date catastrophe losses through August were $3.67 billion ($2.90 billion after tax).

Analysis 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.

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

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