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Allstate Announces September 2021 and Third Quarter 2021 Catastrophe Losses and Run-off Reserve Review

Allstate Announces September 2021 and Third Quarter 2021 Catastrophe Losses and Run-off Reserve Review

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NORTHBROOK, Ill.–(BUSINESS WIRE)–The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $165 million or $130 million, after-tax. Catastrophe losses for the third quarter totaled $1.3 billion, pre-tax. Catastrophe losses in September were estimated at $103 million, plus reinsurance reinstatement premium and modest unfavorable reserve reestimates. Two large wind/hail events, primarily impacting the Midwest, accounted for approximately 50%

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