Allstate Announces December 2021 and Fourth Quarter 2021 Catastrophe Losses
20 Januar 2022 - 2:41PM
Business Wire
The Allstate Corporation (NYSE: ALL) today announced estimated
catastrophe losses for the month of December of $411 million or
$325 million, after-tax. Catastrophe losses for the fourth quarter
totaled $528 million, pre-tax.
Catastrophe losses for December events were estimated at $381
million, plus unfavorable reserve reestimates. Colorado’s Marshall
Fire and December tornados accounted for 78% of December estimated
catastrophe losses, with losses for the Marshall Fire estimated at
$218 million.
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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Al Scott Media Relations (847) 402-5600
Mark Nogal Investor Relations (847) 402-2800
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