Form 10-Q · Quarterly report
Allstate 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0000899051
- Accession no.
- 0000899051-26-000118
Summary
Allstate reported second-quarter 2026 net income applicable to common shareholders of $3.24 billion, up $1.16 billion from a year earlier, and $5.67 billion for the first six months, which the company attributed primarily to higher underwriting income and valuation gains on equity investments. Property-Liability underwriting income rose to $2.01 billion from $1.28 billion and the combined ratio improved to 86.6 from 91.1, while Allstate said macroeconomic factors including tariffs, the Russia/Ukraine conflict, combat operations in Iran and energy-market volatility may affect claims frequency and severity and consumer affordability.
Key points
- Total revenue rose 11.8% to $18.60 billion in the second quarter of 2026 and 7.4% to $35.54 billion for the first six months, driven by more auto and homeowners policies in force and equity valuation gains.
- Net investment income increased $255 million to $1.01 billion in the quarter, and investments totaled $87.80 billion as of June 30, 2026, up from $83.24 billion at year-end 2025.
- Allstate shareholders' equity was $33.70 billion as of June 30, 2026, and book value per diluted common share was $123.38, up 49.7% from a year earlier.
- Catastrophe losses were $1.722 billion in the quarter, down from $1.990 billion a year earlier, while prior-year reserve reestimates excluding catastrophes were a $692 million release.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview The following discussion highlights significant factors influencing the consolidated financial position and results of operations of The Allstate Corporation (referred to in this document as “we,” “our,” “us,” the “Company” or “Allstate”). It should be read in conjunction with the condensed consolidated financial statements and related notes thereto found under Part I. Item 1. contained herein, and with the discussion, analysis, consolidated financial statements and notes thereto in Part I. Item 1. and Part II. Item 7. and Item 8. of The Allstate Corporation annual report on Form 10-K for 2025. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.