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Allstate (ALL): March 2025 Monthly Release

April 17, 2025 8:00 AM EDT

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March of $1.04 billion or $818 million, after-tax. Catastrophe losses for March include 11 events with approximately 80% of the losses related to four geographically widespread wind and hail events. In March, Allstate surpassed the retention level of the annual aggregate reinsurance cover for the annual risk period ending March 31, 2025, with expected recoveries of approximately $123 million, reducing March catastrophe losses. Total catastrophe losses for the first quarter of 2025 were $2.20 billion or $1.74 billion, after-tax.

Allstate Protection policies in force are as follows:
Allstate Protection Policies in Force (1)
(in thousands) March 31, 2025 February 28, 2025 March 31, 2024
Mar. 31 2025 v Feb. 28, 2025
Mar. 31, 2025 v Mar. 31, 2024
Auto 25,100 24,894 25,207 0.8 % (0.4)%
Homeowners 7,549 7,537 7,364 0.2 % 2.5 %
Other personal lines 4,874 4,873 4,849 % 0.5 %
Commercial lines 189 196 273 (3.6)% (30.8)%
Total 37,712 37,500 37,693 0.6 % 0.1 %
(1)Policy counts are based on items rather than customers. A multi-car customer would generate multiple item (policy) counts, even if all cars were insured under one policy. Lender-placed policies are excluded from policy counts because relationships are with the lenders.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.


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