Allstate Announces June 2021 and Second Quarter 2021 Catastrophe Losses
15 Luglio 2021 - 02:22PM
Business Wire
The Allstate Corporation (NYSE: ALL) today announced estimated
catastrophe losses for the month of June of $195 million or $154
million, after-tax. Catastrophe losses for the second quarter
totaled $752 million, after-tax.
Catastrophe losses in June comprised 11 events at an estimated
cost of $178 million plus unfavorable prior period reserve
estimates. Three large wind, hail and rain events, primarily
impacting the Midwest, accounted for approximately 70% of June
estimated catastrophe losses.
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.
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Rachel Hill Media Relations (847) 402-5600
Mark Nogal Investor Relations (847) 402-2800
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