Allstate Corporation reported total revenues of $17.3 billion in Q3 2025, up $628 million, or 3.8%, from the same quarter in 2024.
Net income applicable to common shareholders reached $3.7 billion in Q3 2025, compared with $1.2 billion in Q3 2024, reflecting strong operating performance across the enterprise.
Catastrophe losses also declined to $558 million in Q3 2025, down from $1.7 billion in the same period last year.
Consequently, Allstate’s underlying combined ratio for the quarter stood at 78.7%.
In the Property-Liability segment, earned premiums rose 6.1% to $14.5 billion, driven primarily by higher average premiums and growth in policies in force
Underwriting income in this segment surged to $2.9 billion, up from $495 million in Q3 2024.
In Allstate’s Protection Auto business, written and earned premiums increased 3.5% year-over-year.
Auto insurance policies in force continued to grow, supported by expanded distribution, increased marketing, new products, and sophisticated rating plans.
For the Protection Homeowners segment, underwriting profit climbed to $1.1 billion, compared with $60 million in Q3 2024, benefiting from lower catastrophe losses and strong underlying margins.
Written and earned premiums rose 13.1% and 14%, respectively, driven by higher average premiums and growth in policies in force.
The Protection Services segment generated revenues of $902 million, up 9.7% from Q3 2024, primarily driven by Protection Plans.
Finally, Allstate reported net investment income of $949 million in Q3 2025, an increase of $166 million from the prior year, supported by market-based portfolio growth and higher performance-based income.
The post Allstate’s total revenues reach $17.3bn in Q3’25 amid lower cat losses appeared first on ReinsuranceNe.ws.
