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Allstate ALL Commercial lines — Prior years

Other product segments

Auto
-$648M-50.3%
Homeowners
$66M+120%
Specialty lines
-$19M
Brokered solutions and collateral protection
-$1M

Similar metrics at other companies

Hamilton Insurance Group, Ltd. logo
HGCasualty Lines — Prior years
$16.2M-12.0%
Arch Capital Group logo
ACGLSpecialty lines — Prior years
-$63M-80.0%
Centene logo
CNCCommercial — Prior years
$574M+32.0%
Assurant logo
AIZSmall Commercial Insurance — Prior years
$0-100%
Kinsale Capital Group logo
KNSLExcess and Surplus Lines Segment — Prior years
-$19.39M-25.6%
Arch Capital Group logo
ACGLCasualty — Prior years
$20M+150%

Other financials

Income statement

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Revenue$18.6B+11.8%
Net income$3.3B+55.1%
EPS (diluted)$12.51+61.2%

Balance sheet

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Cash & equivalents$840.0M-15.6%
Total debt$7.5B-7.4%
Total equity$33.7B+40.3%
Total assets$124.76B+7.6%

Cash flow

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Operating cash flow$2.6B+40.6%
CapEx$43.0M
Free cash flow$2.6B+38.3%

Valuation

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Market cap$67.51B+23.9%
Enterprise value$74.17B+20.4%
P/E5.1×-4.3×
P/S+0.1×

Profitability

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Net margin18.9%+10.2pp
FCF margin17.5%+4.6pp

Returns & leverage

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Return on equity46%+18.8pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.

The source filing: Allstate’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000899051-26-000118
($ in millions) / Three months ended June 30,Excluding catastrophe losses / 2026Excluding catastrophe losses / 2025Catastrophe losses (2) / 2026Catastrophe losses (2) / 2025Total / 2026Total / 2025
Auto$(639)$(415)$(9)$(16)$(648)$(431)
Homeowners(28)1266183830
Specialty lines(16)28(3)2(19)30
Commercial lines(8)7(3)2(11)9
Brokered solutions and collateral protection(1)(10)(1)(10)
Run-off Property-Liability22
Total prior year reserve reestimates$(692)$(376)$51$6$(641)$(370)
Six months ended June 30,

Item 1. Financial Statements

FAQ

What is Allstate's commercial lines — prior years?
Allstate (ALL) reported commercial lines — prior years of -$11M in Q2 2026.
How has Allstate's commercial lines — prior years changed year-over-year?
Allstate's commercial lines — prior years decreased by 222.2% year-over-year, from $9M to -$11M.
What is the long-term trend for Allstate's commercial lines — prior years?
Over 4 years (2021 to 2025), Allstate's commercial lines — prior years has grown at a 6.1% compound annual growth rate (CAGR), from $119M to -$151M.
What does commercial lines — prior years mean?
This metric represents the development of loss reserves for commercial insurance policies written in previous fiscal periods. It reflects the adjustments made to estimated liabilities as actual claims experience matures and becomes more predictable over time. Positive or negative adjustments indicate whether initial loss provisions were conservative or optimistic relative to the ultimate settlement costs.

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