Allstate Announces February 2019 Catastrophe Loss Estimate

Business Wire 21-Mar-2019 8:34 AM

The Allstate Corporation (NYSE:ALL) today announced estimated catastrophe losses for the month of February 2019 of $151 million, pre-tax ($119 million, after-tax). Catastrophe losses occurring in February comprised 10 events at an estimated cost of $140 million, pre-tax ($111 million, after-tax), plus unfavorable reserve reestimates of prior period catastrophe losses. One wind event, primarily impacting Pennsylvania, Ohio and New York, accounted for approximately 60% of February event catastrophe losses.

Estimated catastrophe losses for January and February 2019 totaled $299 million, pre-tax ($236 million, after-tax).

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Forward-Looking Statements

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