other material
confidence high
sentiment neutral
materiality 0.35
Allstate reports Oct. cat losses of $83M pre-tax; policies in force up 1.4% YoY
ALLSTATE CORP
- Estimated October catastrophe losses of $83M pre-tax ($65M after-tax) from five wind/hail events.
- Total Allstate Protection policies in force 38,155k at Oct 31, up 0.3% MoM and 1.4% YoY.
- Auto policies 25,417k (+1.7% YoY); Homeowners 7,656k (+2.0% YoY); Commercial lines 175k (-23.2% YoY).
- Other personal lines flat MoM at 4,907k; no guidance or capital actions announced.