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Allstate ALL Run-off Property-Liability — Prior years

Other product segments

Auto
-$648M-50.3%
Homeowners
$66M+120%
Specialty lines
-$19M
Commercial lines
-$11M-222%
Brokered solutions and collateral protection
-$1M

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-$72M
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$20M+150%
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GLHealth premium — Prior years
-$3.37M-157%
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AIZConnected Living — Prior years
-$7.7M+58.4%
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-$400K+83.8%

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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.

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) / Three months ended June 30,Excluding catastrophe losses / 2026Excluding catastrophe losses / 2025Catastrophe losses (2) / 2026Catastrophe losses (2) / 2025Total / 2026Total / 2025
Specialty lines(16)28(3)2(19)30
Commercial lines(8)7(3)2(11)9
Brokered solutions and collateral protection(1)(10)(1)(10)
Run-off Property-Liability22
Total prior year reserve reestimates$(692)$(376)$51$6$(641)$(370)
Six months ended June 30,
Auto$(1,477)$(653)$(11)$(27)$(1,488)$(680)
Homeowners(126)55217(74)22

Item 1. Financial Statements

FAQ

What is Allstate's run-off property-liability — prior years?
Allstate (ALL) reported run-off property-liability — prior years of $0 in Q2 2026.
How has Allstate's run-off property-liability — prior years changed year-over-year?
Allstate's run-off property-liability — prior years decreased by 100.0% year-over-year, from $2M to $0.
What is the long-term trend for Allstate's run-off property-liability — prior years?
Over 4 years (2021 to 2025), Allstate's run-off property-liability — prior years has grown at a 6.8% compound annual growth rate (CAGR), from $116M to $151M.
What does run-off property-liability — prior years mean?
This metric represents the net favorable or unfavorable development of loss and loss adjustment expense reserves established for claims occurring in prior accident years. It reflects the accuracy of initial actuarial estimates compared to the actual ultimate costs settled over time. Significant adjustments in this category indicate either conservative reserving practices or unexpected changes in claim severity and frequency trends.

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