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Allstate ALL Property and casualty — Less: recoverables
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Where this comes from
Reported directly by Allstate in its filing.
Tagged under the XBRL concept us-gaap:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.
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) | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Total incurred | 19,047 | 21,064 |
| Claims and claims expense paid related to: | ||
| Current year | (9,320) | (10,002) |
| Prior years | (9,261) | (9,521) |
| Total paid | (18,581) | (19,523) |
| Net balance as of June 30 | 33,533 | 34,856 |
| Plus: recoverables | 7,446 | 9,285 |
| Balance as of June 30 | $40,979 | $44,141 |
Item 1. Financial Statements
FAQ
- What is Allstate's property and casualty — less: recoverables?
- Allstate (ALL) reported property and casualty — less: recoverables of $7.45B in Q2 2026.
- How has Allstate's property and casualty — less: recoverables changed year-over-year?
- Allstate's property and casualty — less: recoverables decreased by 19.8% year-over-year, from $9.29B to $7.45B.
- 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.
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