Allstate reported that total revenues for Q4 2024 were $16,506 million, 11.3% higher than $14,832 million in the prior year quarter, and net income applicable to common shareholders was $1,899 million, 30.1% higher. Full-year total revenues were $64,106 million and net income was $4,550 million.

1. 01

   Allstate reported that total revenues for Q4 2024 were $16,506 million, 11.3% higher than $14,832 million in the prior year quarter, and net income applicable to common shareholders was $1,899 million, 30.1% higher. Full-year total revenues were $64,106 million and net income was $4,550 million.

2. 02

   The company said the Property-Liability recorded combined ratio for Q4 2024 was 86.9, 2.6 points lower than 89.5 in the prior year quarter, and underwriting income increased to $1,832 million from $1,325 million.

3. 03

   Allstate said net investment income for Q4 2024 was $833 million, $229 million higher than the prior year quarter, citing higher yields from repositioning into fixed income securities, portfolio growth and improved performance-based investment results as factors.

4. 04

   The company agreed to sell Group Health to Nationwide for $1.25 billion, with combined expected proceeds from the sale of Employer Voluntary Benefits and Group Health of $3.25 billion and an expected financial book gain of approximately $1.0 billion in 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. 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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