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Allstate reports Q3 2026 net income of $2.1B with 3.3% growth in Property-Liability policies amid higher catastrophe losses.

Company Fundamentals
04 Nov 2026, 23:20 WIB
PRNewsWire
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Bullish
Allstate reports Q3 2026 net income of $2.1B with 3.3% growth in Property-Liability policies amid higher catastrophe losses.

Allstate Corporation posted Q3 2026 net income of $2.1 billion, down from $3.7 billion the previous year, mainly due to increased catastrophe losses and investment losses. Despite this, Property-Liability policies grew 3.3%, driven by higher premiums and new product offerings, with revenues reaching $17.3 billion. The company’s Protection Services and investment income also showed growth, although total investment returns were negative due to rising interest rates. Allstate continues to expand its market share and innovate with new insurance products and technology, aiming for further growth in 2027.

Allstate Corp shares trade at USD 261.28 on Pluang as of Nov 05, 2026 04:11 WIB, down 1.03% for the day. The stock's market cap stands at $66.12 billion, with a dividend yield of 1.65%. Trading volume reached 1,766,533 shares, reflecting active investor interest despite recent earnings challenges.

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