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Allstate ALL Property and casualty — Less: recoverables

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HMNProperty & Casualty — Reinsurance Recoverables, Including Reinsurance Premium Paid
$101.5M+3.3%
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AFGProperty and casualty insurance — Reinsurance recoverables, net of allowance
$5.31B+7.0%
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CINFProperty and Casualty Insurance — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments
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BRK.AProperty And Casualty Insurance And Reinsurance Excluding Retroactive Reinsurance — Reinsurance Recoverables On Unpaid Losses Gross
$4.28B-10.5%
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HMNProperty & Casualty — Reinsurance balances receivable
$101.2M+0.4%
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HIGProperty, Liability and Casualty Insurance Product Line — Reinsurance Recoverables, Gross
$6.62B-1.8%

Other financials

Income statement

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Revenue$16.9B+3.0%
Net income$2.5B+313%
EPS (diluted)$9.25+338%

Balance sheet

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Cash & equivalents$697.0M-17.0%
Total debt$7.5B-7.4%
Total equity$31.6B+43.3%
Total assets$123.97B+7.7%

Cash flow

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Operating cash flow$3.6B+81.4%
CapEx$40.0M-56.5%
Free cash flow$3.5B+88.1%

Valuation

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Market cap$59.62B+15.3%
Enterprise value$66.41B+12.6%
P/E4.9×-8.0×
P/S0.9×+0.1×

Profitability

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Net margin17.8%+11.6pp
FCF margin16.9%+3.2pp

Returns & leverage

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Return on equity45.2%+25.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

The official record: Allstate’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allstate's property and casualty — less: recoverables?
Allstate (ALL) reported property and casualty — less: recoverables of $7.95B in Q1 2026.
How has Allstate's property and casualty — less: recoverables changed year-over-year?
Allstate's property and casualty — less: recoverables decreased by 18.4% year-over-year, from $9.74B to $7.95B.
What is the long-term trend for Allstate's property and casualty — less: recoverables?
Over 3 years (2022 to 2025), Allstate's property and casualty — less: recoverables has grown at a -0.7% compound annual growth rate (CAGR), from $36.76B to $36.03B.
What does property and casualty — less: recoverables mean?
This represents the portion of insurance claims and expenses that the company expects to recover from third parties, primarily reinsurers. It serves as a contra-liability account that reduces the net exposure of the company to large or catastrophic losses. Monitoring this helps investors understand the company's reliance on reinsurance partners.