Allstate Q3 2026 Earnings Call Transcript

Nov 5, 2026, 10:30 AM ETResultsRead the original at Benzinga

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Allstate reported $2.5 billion in adjusted net income, and property-liability policies grew 3.3%. Higher catastrophe losses raised costs, but the profit and policy growth point to a better outlook.

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Customer growth is broad: new business rose 125% to 12.4 million items, and auto insurance new business rose 59%. Investment income rose 24%, and claims and other insurance costs came to about 87 cents per $1 in premiums despite higher catastrophe losses.

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