Business Segments · Operating Expenses
Property Liability — Operating Expenses
Allstate Property Liability — Operating Expenses increased by 5.6% to $12.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.4%, from $14.16B to $12.69B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2024
Last reportedQ1 2026
Rolls up toTotal Operating Expenses
How to read this metric
Lower operating expenses relative to premiums earned indicate higher operational efficiency and better underwriting margins.
Detailed definition
This represents the total costs incurred to run the property-liability insurance business, excluding claims and investme...
Peer comparison
Comparable to 'Underwriting and Administrative Expenses' or 'Operating Expenses' across the insurance industry.
Metric ID:
all_segment_allstate_protection_and_run_off_property_liability_operating_expensesHistorical Data
7 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $12.43B | $13.93B | $13.67B | $14.16B | $13.57B | $12.01B | $12.69B |
| QoQ Change | — | +12.0% | -1.8% | +3.5% | -4.1% | -11.5% | +5.6% |
| YoY Change | — | — | — | +13.9% | -2.5% | -12.1% | -10.4% |
Range$12.01B – $14.16B
CAGR+1.4%
Avg YoY Growth-2.8%
Median YoY Growth-6.5%
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Frequently Asked Questions
- What is Allstate's property liability — operating expenses?
- Allstate (ALL) reported property liability — operating expenses of $12.69B in Q1 2026.
- How has Allstate's property liability — operating expenses changed year-over-year?
- Allstate's property liability — operating expenses decreased by 10.4% year-over-year, from $14.16B to $12.69B.
- What does property liability — operating expenses mean?
- The total cost of running the insurance business, excluding claims and investment expenses.