other material
confidence high
sentiment negative
materiality 0.70
Allstate reports $925M March catastrophe loss; Q1 cat losses $1.24B
ALLSTATE CORP
- March estimated catastrophe losses $925M pre-tax ($731M after-tax) from 15 wind/hail events; ~80% from 3 events.
- Q1 2026 total catastrophe losses $1.24B pre-tax ($980M after-tax).
- Total Allstate Protection policies in force 38,576k as of March 31, 2026, up 2.3% year-over-year.
- Auto policies up 2.6% YoY to 25,758k; Homeowners up 2.5% to 7,739k.
- Commercial lines policies down 6.3% YoY to 177k.