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Allstate said estimated catastrophe losses for March were $1.04 billion ($818 million after-tax), with 11 events and about 80% of the losses tied to four geographically widespread wind and hail events.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Allstate said estimated catastrophe losses for March were $1.04 billion ($818 million after-tax), with 11 events and about 80% of the losses tied to four geographically widespread wind and hail events.

  2. The company said that in March it surpassed the retention level of the annual aggregate reinsurance cover for the annual risk period ending March 31, 2025, with expected recoveries of about $123 million, which reduced March catastrophe losses.

  3. The company said total catastrophe losses for Q1 2025 were $2.20 billion ($1.74 billion after-tax).

Summary

AI-written

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. Some paragraphs were omitted because their support in the source could not be confirmed.

Allstate estimates March catastrophe losses at $1.04 billion

Allstate said estimated catastrophe losses for March were $1.04 billion ($818 million after-tax), with 11 events and about 80% of the losses tied to four geographically widespread wind and hail events.

Source · Based on the filing body and exhibits

Allstate Surpasses Annual Aggregate Reinsurance Cover Retention; Expected Recoveries $123 million

The company said that in March it surpassed the retention level of the annual aggregate reinsurance cover for the annual risk period ending March 31, 2025, with expected recoveries of about $123 million, which reduced March catastrophe losses.

Source · Based on the filing body and exhibits

Allstate Total Catastrophe Losses for Q1 2025 at $2.20 billion

The company said total catastrophe losses for Q1 2025 were $2.20 billion ($1.74 billion after-tax).

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.