Allstate Proclaims January 2025 Disaster Losses and Insurance policies in Drive


NORTHBROOK, In poor health., February 20, 2025 – The Allstate Company (NYSE: ALL) right now introduced estimated disaster losses for the month of January of $1.08 billion or $849 million, after-tax.

Disaster losses included three occasions with roughly $1.07 billion associated to the California wildfires. The California wildfire occasion estimate consists of reinsurance reinstatement premiums, an estimated California FAIR Plan evaluation and is web of estimated reinsurance recoveries of $1.40 billion.

Allstate Safety insurance policies in drive are as follows:

Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.

Ahead-Wanting Statements 

This information launch comprises “forward-looking statements” that anticipate outcomes based mostly on our estimates, assumptions and plans which are topic to uncertainty. These statements are made topic to the safe-harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements don’t relate strictly to historic or present information and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “possible,” “targets” and different phrases with related meanings. We imagine these statements are based mostly on cheap estimates, assumptions and plans. Nonetheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes may differ materially from these communicated in these forward-looking statements. Elements that would trigger precise outcomes to vary materially from these expressed in, or implied by, the forward-looking statements could also be present in our filings with the U.S. Securities and Trade Fee, together with the “Danger Elements” part in our most up-to-date annual report on Kind 10-Ok. Ahead-looking statements are as of the date on which they’re made, and we assume no obligation to replace or revise any forward-looking assertion.

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