NORTHBROOK, Ailing., June 20, 2024 – The Allstate Company (NYSE: ALL) at this time introduced estimated disaster losses for the month of Could of $1.40 billion or $1.10 billion, after-tax.
Disaster losses included 14 occasions estimated at $1.48 billion, with roughly 70% of the losses associated to 5 wind and hail occasions, primarily in Texas, Colorado and Illinois. Whole disaster losses for April and Could had been $1.89 billion, pre-tax, and complete disaster losses for Could year-to-date had been $2.62 billion, pre-tax.
Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.
Ahead-Trying Statements
This information launch comprises “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 Non-public Securities Litigation Reform Act of 1995. These forward-looking statements don’t relate strictly to historic or present information and could also be recognized by their use of phrases like “plans,” “seeks,” “expects,” “will,” “ought to,” “anticipates,” “estimates,” “intends,” “believes,” “doubtless,” “targets” and different phrases with comparable meanings. We imagine these statements are based mostly on cheap 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 may differ materially from these communicated in these forward-looking statements. Elements that would 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 Trade Fee, together with the “Threat 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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