secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0000899051-24-000072
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports Aug 2024 catastrophe losses of $272M pre-tax, including $75M Calgary hail event
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- August catastrophe losses $272M pre-tax ($215M after-tax); 15 events estimated at $306M.
- Calgary hail event $75M, net of $225M reinsurance recoveries; includes reinstatement premiums.
- July-August total catastrophe losses $814M pre-tax ($643M after-tax).
- Year-to-date through August catastrophe losses $3.67B pre-tax ($2.90B after-tax).
- Favorable reserve reestimates for prior period events partially offset August losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000072/0000899051-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000072/all-20240919.htm
  HTML page:      https://secwatch.observer/filing/0000899051-24-000072

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