WS Investor
17 Jul 2025, 15:53
Allstate Reports $1.99 Billion in Q2 Catastrophe Losses
The Allstate Corporation (NYSE: ALL) announced $619 million in catastrophe losses for June 2025, bringing total Q2 losses to $1.99 billion ($1.57 billion after tax). June’s losses stemmed from 15 events, with three major wind and hail storms accounting for roughly 70% of costs.
Policy counts remained stable. As of June 30, Allstate had 25.2 million auto policies (+0.5% YoY), 7.6 million homeowners policies (+2.3%), and 4.9 million other personal lines. Commercial lines declined 31% year-over-year.
The Allstate Corporation (NYSE: ALL) announced $619 million in catastrophe losses for June 2025, bringing total Q2 losses to $1.99 billion ($1.57 billion after tax). June’s losses stemmed from 15 events, with three major wind and hail storms accounting for roughly 70% of costs.
Policy counts remained stable. As of June 30, Allstate had 25.2 million auto policies (+0.5% YoY), 7.6 million homeowners policies (+2.3%), and 4.9 million other personal lines. Commercial lines declined 31% year-over-year.
