NORTHBROOK, Ailing., June 20, 2024 – The Allstate Company (NYSE: ALL) at the moment introduced estimated disaster losses of $1.4 billion in Could, and $1.1 billion after-tax.
Disaster losses included 14 occasions estimated at $1.48 billion, with roughly 70% of the losses coming from 5 wind and hail occasions, primarily in Texas, Colorado and Illinois. Whole disaster losses for April and Could have been $1.89 billion earlier than taxes, and whole disaster losses for Could yr to this point have been $2.62 billion earlier than taxes.
Monetary info, together with essential bulletins, relating to The Allstate Company is routinely posted at www.allstateinvestors.com.
Ahead-Wanting Statements
This press launch accommodates “forward-looking statements” that forecast outcomes based mostly on our estimates, assumptions and plans, that are topic to uncertainties. These statements are topic to the protected 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 means of phrases equivalent to “plans,” “purpose,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “seemingly,” “goal” and comparable phrases. The Firm believes that these statements are based mostly on affordable estimates, assumptions and plans. Nonetheless, if the estimates, assumptions or plans underlying the forward-looking statements show inaccurate or if different dangers or uncertainties come up, precise outcomes could differ materially from these communicated in these forward-looking statements. Elements that might trigger precise outcomes to vary materially from these expressed or implied within the forward-looking statements are described in our filings with the Securities and Alternate Fee, together with the “Danger Elements” part of our most up-to-date Annual Report on Kind 10-Ok. Ahead-looking statements communicate solely as of the date they’re made, and the Firm assumes no obligation to replace or revise any forward-looking statements.
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