Core Insights - The Allstate Corporation reported preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily due to Winter Storm Fern [1] - This is a significant decrease compared to January 2025, when catastrophe losses were reported at $1.08 billion, or $849 million after tax, largely driven by California wildfires [3] Insurance Policies - As of January 31, 2026, Allstate had 25.48 million motor insurance policies in force, slightly lower than December 2025 but up from 24.84 million a year earlier [4] - Homeowners policies totaled 7.71 million, marginally higher month on month and up from 7.52 million in January 2025 [4] - Other personal lines stood at 4.89 million, broadly stable compared with the prior month and slightly ahead of the previous year [5] - Commercial lines accounted for 175,000 policies, down from 204,000 a year earlier [5] - Total protection policies in force reached 38.26 million, representing a 2.2% increase year on year [5] Financial Performance - In Q4 2025, Allstate reported total revenues of $17.3 billion, an increase of 5.1% compared to the same period in 2024, and net income of $3.8 billion, up from $1.9 billion a year earlier [6] - For the full year 2025, revenues were recorded at $67.7 billion, up 5.6% year on year, and net income was $10.2 billion, compared to $4.6 billion in 2024 [6] - Property-Liability earned premiums reached $14.8 billion in Q4 2025, reflecting higher average premiums and growth in policies in force [7] - Underwriting income rose to $4.0 billion from $1.8 billion in the prior-year quarter [7] - Catastrophe losses in Q4 2025 were $209 million, a 49% reduction from $410 million in Q4 2024 [7]