August 2026 Monthly Release
Allstate estimates $748 million in August catastrophe losses, with July–August losses reaching $1.43 billion before tax.
Rhea-AI Summary
The Allstate Corporation (ALL) reported estimated catastrophe losses of $748 million for August 2026, or $591 million after-tax.
August losses stemmed from 21 catastrophe events, with roughly half of the losses tied to a single wind and hail event. Combined estimated catastrophe losses for July and August were $1.43 billion, or $1.13 billion after-tax. Additional financial information is made available on the company’s investor website.
Positive
- None.
Negative
- August catastrophe losses estimated at $748 million pre-tax, $591 million after-tax
- July–August catastrophe losses total $1.43 billion pre-tax, $1.13 billion after-tax
- 21 catastrophe events in August, with about 50% of losses from one wind and hail event
AI-generated analysis. How Rhea-AI works. Not financial advice.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Forward-Looking Statements
This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "seeks," "expects," "will," "should," "anticipates," "estimates," "intends," "believes," "likely," "targets" and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has 216 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/august-2026-monthly-release-302882017.html
SOURCE The Allstate Corporation
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.