secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000899051-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate Q4 net loss $310M, adjusted net loss $359M; auto combined ratio 112.6
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- Net loss of $310M vs income $790M in prior-year quarter; revenue rose 4.9% to $13.6B.
- Property-Liability underwriting loss of $1.04B; recorded combined ratio 109.1 (vs 98.9).
- Auto insurance recorded combined ratio 112.6; underlying combined ratio 109.2.
- Homeowners combined ratio 92.6; generated underwriting income of $212M.
- Returned $582M to shareholders in Q4 ($354M buybacks, $228M dividends); shares outstanding down 6.1% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000013/0000899051-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000013/all-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000899051-23-000013

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