NORTHBROOK, Unwell., July 18, 2024 –The Allstate Company (NYSE: ALL) right this moment introduced estimated disaster losses for the month of June of $230 million or $182 million, after-tax.
June month disaster losses embody 18 occasions estimated at $274 million, primarily associated to geographically widespread wind and hail occasions. Whole disaster losses for the second quarter have been $2.12 billion, pre-tax or $1.67 billion, after-tax, and complete disaster losses for June year-to-date have been $2.85 billion, pre-tax, or $2.25 billion, after-tax.
Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.
Ahead-Trying 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 info and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “probably,” “targets” and different phrases with comparable meanings. We imagine these statements are based mostly on cheap 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 may differ materially from these communicated in these forward-looking statements. Elements that might 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 “Danger 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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