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Allstate ALL Property and casualty — Reinsurance Recoverable, Credit Loss Expense (Reversal)

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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:ReinsuranceRecoverableCreditLossExpenseReversal.

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, 2024
Property and casualty (1) (2)
Beginning balance$(63)$(62)
Increase in the provision for credit losses(1)(1)
Write-offs10
Ending balance$(54)$(63)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's property and casualty — reinsurance recoverable, credit loss expense (reversal)?
Allstate (ALL) reported property and casualty — reinsurance recoverable, credit loss expense (reversal) of $250K in Q4 2025.
How has Allstate's property and casualty — reinsurance recoverable, credit loss expense (reversal) changed year-over-year?
Allstate's property and casualty — reinsurance recoverable, credit loss expense (reversal) decreased by 0.0% year-over-year, from $250K to $250K.
What does property and casualty — reinsurance recoverable, credit loss expense (reversal) mean?
This metric tracks the adjustments made to the allowance for credit losses on amounts recoverable from reinsurers. It reflects the perceived risk that a reinsurer may be unable to fulfill its contractual obligations to reimburse the insurer for claims. Changes in this figure indicate shifts in the credit quality of the company's reinsurance counterparties.

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