other material
confidence high
sentiment neutral
materiality 0.65
Allstate reports April catastrophe losses of $594M pre-tax; policies in force up 0.3% YoY
ALLSTATE CORP
- Estimated catastrophe losses for April: $594M pre-tax ($469M after-tax) from 11 events; ~60% from two widespread wind/hail events.
- Auto policies in force: 25,175k, flat YoY; homeowners: 7,571k, up 2.5% YoY.
- Total policies in force: 37,812k, up 0.3% from March 2025 and up 0.3% from April 2024.
- Commercial lines policies down 31.6% YoY to 184k; other personal lines up 0.5%.