Business Segments · Prior years

Property and casualty — Prior years

Allstate Property and casualty — Prior years decreased by 31.4% to -$1.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 300.0%, from -$251.00M to -$1.00B. Over 4 years (FY 2021 to FY 2025), Property and casualty — Prior years shows a downward trend with a 96.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

Favorable development (a reduction in prior year estimates) signals conservative and accurate historical reserving, while unfavorable development suggests past under-reserving.

Detailed definition

This represents the development of claims that occurred in previous reporting periods, reflecting adjustments to prior e...

Peer comparison

Standard industry metric; consistent favorable development is a hallmark of high-quality insurance management.

Metric ID: all_segment_property_and_casualty_prior_years

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$30.50M$30.50M$30.50M$145.00M$459.00M$866.00M$271.00M-$15.00M$212.00M$183.00M$169.00M-$151.00M-$203.00M$32.00M$0.00-$251.00M-$370.00M-$424.00M-$764.00M-$1.00B
QoQ Change+0.0%+0.0%+375.4%+216.6%+88.7%-68.7%-105.5%>999%-13.7%-7.7%-189.3%-34.4%+115.8%-100.0%-47.4%-14.6%-80.2%-31.4%
YoY Change>999%>999%+788.5%-110.3%-53.8%-78.9%-37.6%-906.7%-195.8%-82.5%-100.0%-66.2%-82.3%<-999%-300.0%
Range-$1.00B$866.00M
CAGR+108.7%
Avg YoY Growth+99.6%
Median YoY Growth-82.3%
Current Streak6 quarters decline

Frequently Asked Questions

What is Allstate's property and casualty — prior years?
Allstate (ALL) reported property and casualty — prior years of -$1.00B in Q1 2026.
How has Allstate's property and casualty — prior years changed year-over-year?
Allstate's property and casualty — prior years decreased by 300.0% year-over-year, from -$251.00M to -$1.00B.
What is the long-term trend for Allstate's property and casualty — prior years?
Over 4 years (2021 to 2025), Allstate's property and casualty — prior years has grown at a 96.2% compound annual growth rate (CAGR), from $122.00M to -$1.81B.
What does property and casualty — prior years mean?
Adjustments made during the current year to the estimated costs of claims that occurred in previous years.