Allstate reports May cat losses $777M; Apr+May total $1.37B

ALLSTATE CORP

May estimated catastrophe losses of $777M ($614M after-tax); 11 events, ~70% from three wind/hail events.
Combined April and May cat losses $1.37B ($1.08B after-tax).
Total policies in force at May 31, 2025: 37,880k, up 0.2% MoM and 0.4% YoY.
Auto policies 25,226k (+0.2% MoM); homeowners 7,587k (+0.2% MoM, +2.4% YoY).
Commercial lines policies 180k, down 31.8% YoY.

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