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Allstate Corp (ALL)

ALL on New York Consolidated

102.71USD
14 Dec 2017
Change (% chg)

$-0.61 (-0.59%)
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Latest Key Developments (Source: Significant Developments)

Allstate says estimated catastrophe losses for October 2017 $516 mln‍​
Thursday, 16 Nov 2017 08:13am EST 

Nov 16 (Reuters) - Allstate Corp :Allstate corp says estimated catastrophe losses for month of october 2017 of $516 million‍​ - sec filing.  Full Article

Allstate says ‍estd catastrophe losses, net of reinsurance recoveries, for month of Aug of $593 mln, pre-tax
Thursday, 21 Sep 2017 09:06am EDT 

Sept 21 (Reuters) - Allstate Corp :Allstate - ‍estimated catastrophe losses, net of reinsurance recoveries, for month of August of $593 million, pre-tax ($385 million after-tax) - SEC filing​.Allstate Corp - ‍Hurricane Harvey estimated losses include approximately 55 percent related to auto coverages​.  Full Article

Allstate and Truamerica Multifamily JV acquires Escondido apartment community
Monday, 7 Aug 2017 11:00am EDT 

Aug 7 (Reuters) - Allstate Corp ::Truamerica multifamily/allstate joint venture acquires escondido apartment community.In a joint venture with co, Truamerica acquired 519-unit eagles point apartment community in Escondido for about $90 million​.  Full Article

Allstate delivers strong second quarter operating performance
Tuesday, 1 Aug 2017 09:21pm EDT 

Aug 1 (Reuters) - Allstate Corp :Allstate delivers strong second quarter operating performance.Q2 earnings per share $1.49.Q2 revenue rose 4.6 percent to $9.6 billion.Q2 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Q2 operating earnings per share $1.38.Says allstate investments generated net investment income of $897 million, which was 17.7 percent above prior year quarter.Board approves $2.0 billion share repurchase program.  Full Article

Allstate Q2 earnings per share $1.49
Tuesday, 1 Aug 2017 05:09pm EDT 

Aug 1 (Reuters) - Allstate Corp ::Q2 earnings per share $1.49.Q2 revenue rose 4.6 percent to $9.6 billion.Q2 earnings per share view $0.88, revenue view $8.31 billion -- Thomson Reuters I/B/E/S.Q2 operating earnings per share $1.38.Allstate Corp - board approves $2.0 billion share repurchase program.Allstate - new share repurchase program will begin following completion of current program, is expected to conclude by february 2019.Allstate - "we are planning to adopt a new segment reporting structure effective in q4 2017".  Full Article

Allstate says estimated June catastrophe losses $355 mln
Thursday, 20 Jul 2017 08:20am EDT 

July 20 (Reuters) - Allstate Corp ::Allstate Corp - ‍announced estimated catastrophe losses for month of June 2017 of $355 million, pre-tax - SEC filing​.Allstate- June catastrophe losses had 17 events at estimated cost of $310 million, pre-tax, plus unfavorable reserve reestimates of prior catastrophe losses.  Full Article

CIT BANK enters into strategic partnership with Allstate
Monday, 10 Jul 2017 04:52pm EDT 

July 10 (Reuters) - CIT Bank ::CIT Bank (not cit group inc) - CIT Northbridge will be a financial partner for middle-market companies.CIT Bank enters into strategic partnership with Allstate.CIT Bank - joint venture will provide revolving, term-loan commitments from $15 million to $100 million to middle-market companies across various industries, business cycles.CIT Bank - CIT Asset Management LLC will serve as investment advisor to the joint venture.  Full Article

Allstate says entered share repurchase agreement with Goldman Sachs & Co. LLC
Tuesday, 13 Jun 2017 04:37pm EDT 

June 13 (Reuters) - Allstate Corp :Allstate - on June 9, 2017, co entered into share repurchase agreement with Goldman Sachs & Co. LLC to purchase $250 million of outstanding common stock.Allstate Corp - agreement is part of registrant's repurchase program totaling $1.5 billion that was announced on may 4, 2016.Allstate Corp - expected that Goldman will purchase shares that it delivers under agreement in market no later than August 17, 2017.  Full Article

Allstate Q1 earnings per share $1.79
Tuesday, 2 May 2017 05:41pm EDT 

May 2 (Reuters) - Allstate Corp ALL.N::Q1 earnings per share $1.79.Allstate Corp - qtrly book value per common share $52.41 versus $48.89 last year.Says total revenue of $9.4 billion in Q1 of 2017 increased by 6.3% compared to prior year quarter.Allstate Corp - qtrly operating earnings per share $1.64.Q1 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Allstate Corp qtrly catastrophe losses $781 million versus $827 million last year.Says Q1 property-liability insurance premiums $7.96 billion versus $7.72 billion.  Full Article

Allstate's estimated catastrophe losses for March was $516 million
Thursday, 20 Apr 2017 08:02am EDT 

April 20 (Reuters) - Allstate Corp :Estimated catastrophe losses for month of March 2017 of $516 million, pre-tax ($335 million after-tax), estimated $781 million, pre-tax ($508 million after-tax) for q1 2017.Catastrophe losses in Q1 comprised 28 events at estimated pretax cost of $777 million & unfavorable reserve reestimates of prev reported catastrophe losses.One severe hail event, primarily affecting state of Texas in March, accounted for over one-third of catastrophe losses for quarter.  Full Article

BRIEF-Allstate Enters Into Accelerated Share Repurchase Agreement To Purchase $300 Mln Of Outstanding Stock

* ALLSTATE CORP - ON DEC 8, REGISTRANT ENTERED INTO ACCELERATED SHARE REPURCHASE AGREEMENT TO PURCHASE $300 MILLION OF OUTSTANDING STOCK Source text :[http://bit.ly/2z1qvOk] Further company coverage: