Run-off Property-Liability — Prior years
Year-over-year, this metric declined by 100.0%, from $3.00M to $0.00. Over 4 years (FY 2021 to FY 2025), Run-off Property-Liability — Prior years shows an upward trend with a 6.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Favorable development (a decrease in reserves) increases net income, while unfavorable development (an increase in reserves) reduces net income and may signal inadequate prior-year pricing or reserving.
Detailed definition
This metric represents the net favorable or unfavorable development of loss and loss adjustment expense reserves establi...
Peer comparison
Most property and casualty insurers report this as 'prior year reserve development' within their underwriting results, allowing for direct comparison of actuarial estimation accuracy across the industry.
all_segment_run_off_property_liability_prior_yearsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00M | $113.00M | $1.00M | $1.00M | $3.00M | $120.00M | $1.00M | $2.00M | $1.00M | $82.00M | $4.00M | $4.00M | $2.00M | $59.00M | $1.00M | $3.00M | $2.00M | $146.00M | $0.00 | $0.00 |
| QoQ Change | — | >999% | -99.1% | +0.0% | +200.0% | >999% | -99.2% | +100.0% | -50.0% | >999% | -95.1% | +0.0% | -50.0% | >999% | -98.3% | +200.0% | -33.3% | >999% | -100.0% | — |
| YoY Change | — | — | — | — | +200.0% | +6.2% | +0.0% | +100.0% | -66.7% | -31.7% | +300.0% | +100.0% | +100.0% | -28.0% | -75.0% | -25.0% | +0.0% | +147.5% | -100.0% | -100.0% |
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Frequently Asked Questions
- What is Allstate's run-off property-liability — prior years?
- Allstate (ALL) reported run-off property-liability — prior years of $0.00 in Q1 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 $3.00M to $0.00.
- 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 $116.00M to $151.00M.
- What does run-off property-liability — prior years mean?
- The change in estimated costs for insurance claims that occurred in previous years based on new information or actual settlement outcomes.