Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses

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Insurance Journal - Apr 30, 2025

Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a record $3.3 billion of gross catastrophe losses. The gross loss was partially offset by $1.1 billion of reinsurance …...

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