Monthly UpdateMay 21, 2026, 07:47 AM
Allstate Reports April Catastrophe Losses of $870M
AI Summary
Allstate Corporation announced estimated catastrophe losses for April 2026 of $870 million, or $687 million after-tax, primarily from 10 wind and hail events. The company also reported continued growth in Allstate Protection policies in force, reaching 38.67 million, up 2.3% year-over-year. Allstate will cease including policies in force in its monthly releases after next month, shifting to quarterly reporting in earnings releases.
Key Highlights
- Estimated April 2026 catastrophe losses: $870 million ($687 million after-tax).
- Total Allstate Protection policies in force: 38,667 thousand as of April 30, 2026.
- Auto policies in force: 25,805 thousand, up 2.5% year-over-year.
- Homeowners policies in force: 7,764 thousand, up 2.5% year-over-year.
- Total policies in force increased 0.2% month-over-month and 2.3% year-over-year.
- Allstate will cease including policies in force in its monthly releases after next month.
Price Impact
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