Allstate Property and casualty — Less: recoverables decreased by 0.8% to $7.95B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.4%, from $9.74B to $7.95B. Over 3 years (FY 2022 to FY 2025), Property and casualty — Less: recoverables shows relatively stable performance with a -0.7% CAGR.
Higher recoverables indicate a greater reliance on reinsurance to mitigate risk, while lower recoverables suggest the company is retaining more risk on its own balance sheet.
This represents the portion of insurance claims and expenses that the company expects to recover from third parties, pri...
Common in the insurance industry; peers with higher catastrophe exposure typically show higher reinsurance recoverables.
all_segment_property_and_casualty_less_recoverables| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.48B | $9.07B | $8.95B | $9.56B | $9.18B | $9.11B | $8.73B | $8.65B | $8.40B | $8.33B | $8.34B | $8.73B | $8.60B | $9.74B | $9.29B | $8.99B | $8.01B | $7.95B |
| QoQ Change | — | -4.3% | -1.4% | +6.8% | -4.0% | -0.7% | -4.2% | -0.9% | -3.0% | -0.8% | +0.1% | +4.6% | -1.4% | +13.2% | -4.7% | -3.1% | -10.9% | -0.8% |
| YoY Change | — | — | — | — | -3.2% | +0.4% | -2.5% | -9.4% | -8.5% | -8.5% | -4.5% | +0.9% | +2.5% | +16.9% | +11.3% | +3.0% | -6.9% | -18.4% |