Discontinued — last reported Q4 '24
Allstate Long-duration accident and health insurance — Net outstanding liabilities decreased by 93.4% to 4500000000.0% in Q4 2024 compared to the prior quarter.
An increase suggests growth in the long-duration insurance book or a potential rise in expected future claims costs, while a decrease may indicate a shrinking portfolio or improved actuarial assumptions regarding claim severity.
This metric represents the total estimated future obligations for long-duration accident and health insurance contracts,...
Peers in the life and health insurance sector report similar figures as 'future policy benefits' or 'long-duration contract liabilities' under standard accounting frameworks like GAAP or IFRS.
all_segment_long_duration_accident_and_health_insurance_net_outstanding_liabilities| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | 61,700,000,000% | 59,200,000,000% | 68,400,000,000% | 4,500,000,000% |
| QoQ Change | — | -4.1% | +15.5% | -93.4% |
| YoY Change | — | -4.1% | +15.5% | -93.4% |