Quarterly UpdatesApr 16, 2026, 07:56 AM
Allstate Reports March Catastrophe Losses of $925M
AI Summary
Allstate Corporation announced estimated catastrophe losses for March 2026 totaling $925 million pre-tax, or $731 million after-tax. These losses stemmed from 15 wind and hail events, with approximately 80% attributed to three major events. For the first quarter of 2026, total catastrophe losses reached an estimated $1.24 billion pre-tax, or $980 million after-tax.
Key Highlights
- March 2026 estimated catastrophe losses: $925 million pre-tax.
- March 2026 estimated catastrophe losses: $731 million after-tax.
- Total Q1 2026 catastrophe losses: $1.24 billion pre-tax.
- Total Q1 2026 catastrophe losses: $980 million after-tax.
- March losses from 15 wind and hail events, 80% from three events.