secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0000899051-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate estimates Q4 2022 net loss up to $335M; auto combined ratio 112.6
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- Estimated net loss of $285M-$335M; adjusted net loss $335M-$385M.
- Property-Liability combined ratio 109.1; personal auto 112.6 driven by $590M reserve additions.
- Catastrophe losses of $779M, including $478M from Winter Storm Elliott.
- Auto premiums written up 13.3% to $7.8B; rate increases of 16.9% annualized in 2022.
- Holding company assets $4.0B; share repurchase expected to complete by Sep 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000004/0000899051-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000004/all-20230118.htm
  HTML page:      https://secwatch.observer/filing/0000899051-23-000004

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