Northbrook, Illinois, February 20, 2025 – Allstate Corporation (NYSE: ALL) today announced an estimated disaster loss of $1.08 billion or $849 million in January, after tax.
The damage from the disaster included three approximately $1.07 billion incidents related to California wildfires. Estimates of California wildfire incidents include reinsurance premiums, an estimated California Fair Plan assessment and obtain an estimated reinsurance recovery of $140 billion.
All effective protection policies are as follows:
Financial information, including material announcements about Allstate Corporation, is usually posted on www.allstateinvestors.com.
Forward-looking statements
This press release contains “forward-looking statements” that are expected by our estimates, assumptions and plans that may be subject to uncertainty. These statements are subject to the 1995 Private Securities Litigation Reform Act. These forward-looking statements are not related to historical or current facts and may be used by the use of “plans,” “plans,” “seek, “expect,” “will,” “should,” “expect,” “estimate,” “ Intent, believe, “may”, “goal”, “goal”, “goal” and other words with similar meanings. We believe that these statements are based on reasonable estimates, assumptions and plans. However, if the forward-looking statements are estimated, assumptions or plans Prove inaccurate, or other risks or uncertainties arise, actual results may differ materially from the statements conveyed in these forward-looking statements. This may result in actual results that may be found or implied in our filings with the U.S. Securities and Exchange Commission The factors of the statements that may be found in our latest annual reports or factors implied by forward-looking statements. Form 10-k. Form 10. Forward-looking statements are made on the date and we have no obligation to update or modify any forward-looking statements.
####
Post view: 41
