NORTHBROOK, Unwell., February 20, 2025 – The Allstate Company (NYSE: ALL) at this time 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 contains 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 power 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 incorporates “forward-looking statements” that anticipate outcomes based mostly on our estimates, assumptions and plans which might be topic to uncertainty. These statements are made topic to the safe-harbor provisions of the Personal Securities Litigation Reform Act of 1995. These forward-looking statements don’t relate strictly to historic or present details and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “seemingly,” “targets” and different phrases with related meanings. We consider these statements are based mostly on affordable estimates, assumptions and plans. Nevertheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes might 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 Alternate Fee, together with the “Threat Elements” part in our most up-to-date annual report on Type 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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