Allstate reported FY 2025 net income applicable to common shareholders of USD 10.17 billion, up from USD 4.55 billion in FY 2024, driven mainly by higher underwriting income and gains on dispositions. Total revenue rose 5.6% to USD 67.69 billion in FY 2025. Net investment income increased USD 357 million to USD 3.45 billion in FY 2025. In Property-Liability operations, underwriting income was USD 8.54 billion in FY 2025 versus USD 3.08 billion in FY 2024, with a combined ratio of 85.2 (vs. 94.3). Catastrophe losses were USD 4.96 billion in FY 2025 (broadly flat year over year), while prior year reserve reestimates were a USD 1.81 billion release (vs. a USD 308 million release). Allstate Protection underwriting income rose to USD 8.69 billion, supported by higher premiums earned of USD 57.68 billion. Premiums written increased to USD 59.55 billion, including auto premiums written of USD 38.65 billion (+3.6%) and homeowners premiums written of USD 16.57 billion (+14.9%). Policies in force ended FY 2025 at 38.28 million (auto 25.50 million; homeowners 7.70 million). Protection Services posted adjusted net income of USD 218 million in FY 2025 (USD 217 million in FY 2024) and premiums written of USD 3.01 billion (+7.5%), with policies in force of 172.18 million. Allstate also closed the sales of its employer voluntary benefits business and group health business in 2025, recording gains of USD 888 million and USD 715 million, respectively (USD 641 million and USD 499 million after tax). Allstate shareholders’ equity increased to USD 30.61 billion at December 31, 2025, and investments totaled USD 83.24 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Allstate Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000899051-26-000031), on February 20, 2026, and is solely responsible for the information contained therein.