Press Release

Allstate Announces April 2024 Catastrophe Losses

NORTHBROOK, Ill.–(BUSINESS WIRE)–The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $494 million or $390 million, after-tax.


Catastrophe losses included 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Forward-Looking Statements

This news release contains ā€œforward-looking statementsā€ that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like ā€œplans,ā€ ā€œseeks,ā€ ā€œexpects,ā€ ā€œwill,ā€ ā€œshould,ā€ ā€œanticipates,ā€ ā€œestimates,ā€ ā€œintends,ā€ ā€œbelieves,ā€ ā€œlikely,ā€ ā€œtargetsā€ and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the ā€œRisk Factorsā€ section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.

Contacts

Nick Nottoli

Media Relations

(847) 402-5600

Brent Vandermause

Investor Relations

(847) 402-2800

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