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Allstate ALL Property and casualty insurance premiums — Premiums Written, Net

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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:PremiumsWrittenNet.

The source filing: Allstate’s 10-K, filed February 20, 2026.

Filed
Feb 19, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000899051-26-000031
($ in millions)For the years ended December 31, 2025For the years ended December 31, 2024For the years ended December 31, 2023
Direct$64,596$60,574$54,632
Assumed385352396
Ceded(2,429)(2,203)(2,018)
Property and casualty insurance premiums written, net of recoverables$62,552$58,723$53,010
Property and casualty insurance premiums earned
Direct$62,511$58,221$52,301
Assumed389377358
Ceded(2,397)(2,210)(1,989)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's property and casualty insurance premiums — premiums written, net?
Allstate (ALL) reported property and casualty insurance premiums — premiums written, net of $15.64B in Q4 2025.
How has Allstate's property and casualty insurance premiums — premiums written, net changed year-over-year?
Allstate's property and casualty insurance premiums — premiums written, net increased by 6.5% year-over-year, from $14.68B to $15.64B.
What is the long-term trend for Allstate's property and casualty insurance premiums — premiums written, net?
Over 4 years (2021 to 2025), Allstate's property and casualty insurance premiums — premiums written, net has grown at a 9.2% compound annual growth rate (CAGR), from $44B to $62.55B.
What does property and casualty insurance premiums — premiums written, net mean?
Net premiums written represent the total premiums retained by the insurer after accounting for both ceded premiums paid to reinsurers and assumed premiums received from other carriers. This metric provides a clearer picture of the actual risk the company retains on its own balance sheet. It is a fundamental measure of the company's core underwriting business performance.

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