Allstate Home Owners — Prior years decreased by 314.8% to -$112.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1300.0%, from -$8.00M to -$112.00M. Over 3 years (FY 2021 to FY 2025), Home Owners — Prior years shows an upward trend with a -29.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
A decrease in reserves (favorable development) indicates that previous claims were over-reserved, boosting current earnings, while an increase (adverse development) suggests previous claims were under-reserved, negatively impacting current earnings.
This metric represents the development of loss reserves for homeowners insurance claims that occurred in previous fiscal...
Comparable to 'prior year reserve development' or 'prior accident year loss development' reported by other major property and casualty insurers.
all_segment_homeowners_prior_years| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $37.00M | $17.00M | -$11.00M | -$10.00M | $132.00M | $55.00M | $17.00M | -$20.00M | $94.00M | $62.00M | -$189.00M | -$191.00M | -$12.00M | -$3.00M | -$8.00M | $30.00M | -$54.00M | -$27.00M | -$112.00M |
| QoQ Change | — | -54.1% | -164.7% | +9.1% | >999% | -58.3% | -69.1% | -217.6% | +570.0% | -34.0% | -404.8% | -1.1% | +93.7% | +75.0% | -166.7% | +475.0% | -280.0% | +50.0% | -314.8% |
| YoY Change | — | — | — | — | +256.8% | +223.5% | +254.5% | -100.0% | -28.8% | +12.7% | -845.0% | -303.2% | -119.4% | — | +95.8% | +115.7% | -350.0% | -800.0% | <-999% |