Allstate Reports $73M After-Tax Catastrophe Losses in February 2025
Portfolio Pulse from
Allstate reported $92 million in catastrophe losses for February 2025, bringing its year-to-date total to $1.17 billion. The company's policy portfolio showed modest growth in auto, homeowners, and personal lines policies, while commercial lines continued to contract. Despite catastrophe losses, the company's share price has rallied 27.1% in the past year.
March 21, 2025 | 6:00 pm
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NEUTRAL IMPACT
Catastrophe losses of $1.17B could pressure underwriting profits, but policy growth and potential rate hikes may offset financial impact.
Catastrophe losses could negatively impact profits, but policy growth and potential rate increases may help maintain financial stability.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100