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.
Favorable development (a reduction in prior year estimates) signals conservative and accurate historical reserving, while unfavorable development suggests past under-reserving.
This represents the development of claims that occurred in previous reporting periods, reflecting adjustments to prior e...
Standard industry metric; consistent favorable development is a hallmark of high-quality insurance management.
all_segment_property_and_casualty_prior_years| Q2 '21 | Q3 '21 | 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 | $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% |