Allstate April cat losses $870M ($687M after-tax); policies in force +2.3% YoY

ALLSTATE CORP

Estimated cat losses April: $870M ($687M after-tax) from 10 wind/hail events, ~70% from two events.
Policies in force: auto 25.8M (+2.5% YoY), homeowners 7.8M (+2.5% YoY), total 38.7M (+2.3% YoY).
Gaining market share: auto in 57% of states, homeowners in 83% of states.
Monthly policy-in-force reporting to end after next month; data will be quarterly in earnings releases.

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