---
schema_version: "secwatch.filing_event.v1"
accession: "0000899051-25-000040"
form_type: "8-K"
ticker: "ALL"
cik: "0000899051"
company_name: "ALLSTATE CORP"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T03:11:34.949918+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Allstate Q1 net income down 52% to $566M on record $3.3B catastrophe losses; revenue up 7.8%

## Summary
- Net income $566M ($2.11/sh) vs $1.189B ($4.46/sh) YoY; adjusted net income $949M ($3.53/sh) down 30.6%.
- Revenue $16.5B (+7.8%); Property-Liability earned premiums $14.0B (+8.7%).
- Record gross catastrophe losses $3.3B; net $2.2B after $1.1B reinsurance recoveries; combined ratio 97.4 vs 93.0.
- Auto underwriting income $816M (combined ratio 91.3, -4.7 pts); homeowners underwriting loss $451M (combined ratio 112.3).
- Dividend raised to $1.00/share from $0.92; $1.5B share repurchase program; sale of Employer Voluntary Benefits closed for $2.0B.

## SEC filing metadata
- accession: 0000899051-25-000040
- form_type: 8-K
- ticker: ALL
- cik: 0000899051
- company_name: ALLSTATE CORP
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899051/000089905125000040/0000899051-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899051/000089905125000040/all-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899051-25-000040
- JSON: https://secwatch.observer/filing/0000899051-25-000040.json
- Plain text: https://secwatch.observer/filing/0000899051-25-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.