1、FOR IMMEDIATE RELEASE Contacts:Nick Nottoli Allister GobinMedia Relations Investor Relations (847)402-5600 (847)402-2800Allstate Reports First Quarter 2025 ResultsNORTHBROOK,Ill.,April 30,2025 The Allstate Corporation(NYSE:ALL)today reported financial results for the first quarter of 2025.Allstates
2、strategy,operational excellence and risk management practices generated strong first quarter results,despite unprecedented severe weather,”said Tom Wilson,Chair,President and CEO of The Allstate Corporation.“Revenues increased to$16.5 billion,a 7.8%increase over the prior year,with growth in policie
3、s in force of 6.7%to 211 million.Net income was$566 million,lower than last year,as a record$3.3 billion of gross catastrophe losses were partially offset by$1.1 billion of reinsurance recoveries in the quarter.Adjusted net income*was$949 million,or$3.53 per diluted share.”“Transformative Growth gai
4、ned momentum with strong underlying insurance profitability and sequential growth in auto and homeowners insurance policies in force.Proactive investment management supported enterprise risk and return objectives including the generation of$854 million of net investment income for the quarter.Protec
5、tion Plans continues to grow in the U.S and internationally with revenues up 16.4%over the prior year.Closing the sale of the Employer Voluntary Benefits business on April 1 for$2.0 billion further strengthens capital.Allstate has the capabilities,brand,distribution and resources to increase Propert
6、y-Liability market share and expand protection provided to customers,”concluded Wilson.First Quarter 2025 Results Total revenues of$16.5 billion in the first quarter of 2025 were$1.2 billion or 7.8%higher than the prior year quarter.Net income applicable to common shareholders was$566 million in the