Allstate

Fifteen events caused estimated losses of $306mn.

Investors may be able to recoup between $15mn-$18mn of principal.

Total catastrophe losses stemmed from 20 events and were estimated at $587mn.

This takes pre-tax year-to-date cat losses to $2.62bn.

This takes pre-tax cat losses for the calendar year to $1.23bn

Sanders Re cat bond coverage attaches higher than last year at $5.46bn.

This follows February’s cat losses coming in below the $150mn reporting threshold.

The multi-peril coverage was due to expire in June 2026.

This follows January pre-tax cat losses of $276mn.

Cat losses grew by 81.5%.

Monthly cat losses were driven by two major events.

Unfavorable prior year reserve re-estimates, excluding catastrophes, totaled $199mn in Q4, with approximately $148mn related to personal auto, including costs for litigation claims.