Business Segments · Less: recoverables

Property and casualty — Less: recoverables

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.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

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.

Detailed definition

This represents the portion of insurance claims and expenses that the company expects to recover from third parties, pri...

Peer comparison

Common in the insurance industry; peers with higher catastrophe exposure typically show higher reinsurance recoverables.

Metric ID: all_segment_property_and_casualty_less_recoverables

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$7.95B$9.74B
CAGR-4.1%
Avg YoY Growth-1.9%
Median YoY Growth-2.8%
Current Streak4 quarters decline

Frequently Asked Questions

What is Allstate's property and casualty — less: recoverables?
Allstate (ALL) reported property and casualty — less: recoverables of $7.95B in Q1 2026.
How has Allstate's property and casualty — less: recoverables changed year-over-year?
Allstate's property and casualty — less: recoverables decreased by 18.4% year-over-year, from $9.74B to $7.95B.
What is the long-term trend for Allstate's property and casualty — less: recoverables?
Over 3 years (2022 to 2025), Allstate's property and casualty — less: recoverables has grown at a -0.7% compound annual growth rate (CAGR), from $36.76B to $36.03B.
What does property and casualty — less: recoverables mean?
The amount of claim costs the company expects to be reimbursed for by its reinsurance partners.