Allstate Announces April Catastrophe Loss Estimate

NORTHBROOK, Ill., May 18 -- Allstate, a publicly held personal lines property and casualty insurance company, issued the following news release:

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April 2017 of $235 million, pre-tax ($153 million after-tax). Catastrophe losses occurring in April comprised 11 events at an estimated cost of $229 million, pre-tax, plus unfavorable reserve reestimates of prior reported catastrophe losses.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, protecting approximately 16 million households from life's uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan "You're In Good Hands With Allstate(R)." Allstate agencies are in virtually every local community in America.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.