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April 2025 Monthly Release

1. Allstate announced $594 million in estimated catastrophe losses for April. 2. Losses are primarily due to two wind and hail events. 3. After-tax catastrophe losses are estimated at $469 million. 4. The announcement reflects ongoing volatility in insurance claims. 5. Forward-looking statements emphasize potential uncertainty in future projections.

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Why Bearish?

The significant catastrophe losses suggest increased financial strain on Allstate, historically leading to downturns in stock value. In past situations involving high loss events, stocks of insurance firms often faced pressure as investors reevaluated their risk exposures.

How important is it?

Catastrophe losses are pivotal as they reveal underlying risks and possible future losses, making it critical for investor sentiment and price evaluation.

Why Short Term?

The losses reported are immediate financial impacts. Investors may react quickly to such news, affecting the stock in the short term before longer-term trends provide clarity.

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- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $594 million or $469 million, after-tax. Catastrophe losses for April include 11 events with approximately 60% of the losses related to two geographically widespread wind and hail events. Allstate Protection policies in force are as follows: Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com. Forward-Looking Statements This news release contains “forward-looking statements” 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 “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” 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 “Risk Factors” 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. More News From The Allstate Corporation

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