Discontinued — last reported Q3 '22
Property Liability — Reinsurance Recoverable, Allowance for Credit Loss
Allstate Property Liability — Reinsurance Recoverable, Allowance for Credit Loss decreased by 6.1% to $62.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 6.1%, from $66.00M to $62.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher perceived counterparty credit risk or a deterioration in the financial health of the reinsurance panel, while a decrease suggests improved credit quality of reinsurers.
Detailed definition
This represents the estimated reserve established by the property and casualty insurance segment to account for potentia...
Peer comparison
Comparable to 'Allowance for Doubtful Accounts' or 'Reinsurance Recoverable Credit Reserves' reported by other major P&C insurers.
all_segment_property_liability_reinsurance_recoverable_allowance_for_credit_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $60.00M | $66.00M | $66.00M | $66.00M | $66.00M | $62.00M |
| QoQ Change | — | +10.0% | +0.0% | +0.0% | +0.0% | -6.1% |
| YoY Change | — | — | — | — | +10.0% | -6.1% |
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Frequently Asked Questions
- What is Allstate's property liability — reinsurance recoverable, allowance for credit loss?
- Allstate (ALL) reported property liability — reinsurance recoverable, allowance for credit loss of $62.00M in Q3 2022.
- How has Allstate's property liability — reinsurance recoverable, allowance for credit loss changed year-over-year?
- Allstate's property liability — reinsurance recoverable, allowance for credit loss decreased by 6.1% year-over-year, from $66.00M to $62.00M.
- What does property liability — reinsurance recoverable, allowance for credit loss mean?
- The reserve set aside to cover the risk that reinsurance companies may fail to pay their obligations.