secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000899051-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports Q4 net income $1.5B, adjusted EPS $5.82; combined ratio 89.5
-----------------------------------------------------------------------------

- Net income applicable to common shareholders of $1,460M ($5.52 diluted EPS) vs loss of $303M a year ago.
- Adjusted net income of $1,541M ($5.82 diluted EPS); Property-Liability underwriting income $1,325M.
- Property-Liability combined ratio improved 19.6 pts to 89.5; auto combined ratio 98.9, homeowners 62.0.
- Consolidated revenues $14.8B (+8.7% YoY); premiums written $12.6B (+10.1%) driven by rate increases.
- Catastrophe losses fell to $68M from $779M; investment portfolio returned 4.6% during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000005/0000899051-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000005/all-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000899051-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer