The Allstate Corporation announced estimated catastrophe losses for June 2025 totaling $619 million, or $489 million after-tax. These losses stemmed from 15 events, with approximately 70% related to three wind and hail events. This marks another month of significant weather-related impacts on the company's financial performance.
For the second quarter of 2025, total catastrophe losses amounted to $1.99 billion, or $1.57 billion after-tax. This figure highlights the substantial financial burden posed by natural disasters during the quarter. Investors closely monitor these reports for insights into underwriting profitability and overall earnings stability.
Despite the considerable catastrophe losses, Allstate Protection policies in force continued to show modest growth. Auto policies increased by 0.1% to 25,243 thousand compared to May 31, 2025, and homeowners policies grew by 0.1% to 7,596 thousand. Total Allstate Protection policies in force increased by 0.1% to 37,900 thousand, demonstrating ongoing customer acquisition and retention efforts.
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