Allstate Corporation (the) · NYSE:ALL
Allstate Corporation (the) — Q2 2026 Earnings Presentation
17 slides from Allstate Corporation (the)'s earnings presentation, Aug 6, 2026
Slide 1: The Allstate Corporation Second Quarter 2026 Earnings Presentation
The Allstate Corporation Second Quarter 2026 Earnings Presentation 08.06.2026
Slide 2: Forward-looking Statements and Non-GAAP Financial Information
Forward-looking Statements and Non-GAAP Financial Information › This presentation contains forward-looking statements and information. › This presentation also contains non-GAAP measures that are denoted with an asterisk (*). › You can find the reconciliation of those measures to GAAP measures withi
Slide 3: Allstate Delivers Strong Results and Creates Shareholder Value
Allstate Delivers Strong Results and Creates Shareholder Value Allstate’s Strategy Increase Personal Property-Liability Market Share Shareholder value creation ➢ Operational excellence Leveraging Allstate brand, ➢ Sustainable growth customer base and capabilities ➢ Capital generation Expand Protecti
Slide 4: Increased Growth and Strong Earnings in the Second Quarter
Increased Growth and Strong Earnings in the Second Quarter In millions, except per share data and ratios Three months ended June 30, Six months ended June 30, Change from Change from 2026 2026 prior year prior year Growth Total revenues $18,596 11.8% $35,537 7.4% Property-Liability net premiums writ
Slide 5: Allstate Shareholder Value Creation
Allstate Shareholder Value Creation Operational Excellence Sustainable Growth Capital Generation • Auto and homeowners • Transformative Growth driving • Capital generated for organic insurance combined ratios auto and homeowners growth, investments, acquisitions substantially better than industry in
Slide 6: Shareholder Value Powered by Sophisticated Technology and Analytics Platform
Shareholder Value Powered by Sophisticated Technology and Analytics Platform • Strategy is “technology driven” versus 8 integrated components enable agent to “supported by technology” agent processing • Advanced analytics embedded into operations across the enterprise o Pricing and claims Allstate’s
Slide 7: Operational Excellence Results in Superior Performance
Operational Excellence Results in Superior Performance Auto insurance profitability Homeowners insurance profitability Property-Liability profitability 10-year recorded combined ratio(1) 10-year recorded combined ratio(1) 10-year recorded combined ratio(1) Allstate Industry Allstate Industry Allstat
Slide 8: Property-Liability Business Increased Growth While Generating Attractive Returns
Property-Liability Business Increased Growth While Generating Attractive Returns Property-Liability profitability highlights Property-Liability combined ratio improved from prior year ($ in millions except ratios) Three months ended June 30 91.1 2026 Var to PY Property-Liability net premiums (1.1) $
Slide 9: Operational Excellence Enables Rapid Adaptation
Operational Excellence Enables Rapid Adaptation • Following the pandemic, supply chain constraints led to a nearly 60% increase in used car prices over 18 months(1). In addition, more severe accidents increased bodily injury severity • Auto insurance returns were below target, necessitating signific
Slide 10: Allstate has Improved Affordability While Maintaining Strong Margins
Allstate has Improved Affordability While Maintaining Strong Margins Allstate Protection auto premium and adjusted underlying loss and expense* per policy(1) $1,550 $1,510 $1,486 $1,450 $1,337 $1,350 $1,291 $1,250 $1,150 This quarter, rate changes were implemented in 36 states, which included a mix
Slide 11: Transformative Growth Resulting in Property-Liability Market Share Growth
Transformative Growth Resulting in Property-Liability Market Share Growth Marketing sophistication enables Policies in force are increasing, driving Broadest distribution in the industry increased advertising investment share gains in a majority of states (In thousands) Advertising spend Auto insura
Slide 12: Protection Services Expands Protection and Leverages Capabilities
Protection Services Expands Protection and Leverages Capabilities Protection Services segment is growing rapidly Policies in force: Premiums earned/other revenue: Adjusted net income: 177M $3.4B $203M (Trailing twelve-months) (Trailing twelve-months) Protection Services expands protection and provid
Slide 13: Strong Investment Performance Delivers Earnings Growth
Strong Investment Performance Delivers Earnings Growth Portfolio mix supports income and return objectives Growing investment income Q2 2026 Investment Portfolio Allocation ($ in millions) 3,788 $87.8 billion 3,449 3,092 819 Portfolio carrying value Market-based 648 2,403 2,478 618 equities 499 9% 1
Slide 14: Capital Generation Funds Diversified Value Creation
Capital Generation Funds Diversified Value Creation Attractive returns generate substantial capital relative to market capitalization Return on equity for last 10 years equal to S&P 500 and is top Average returns on equity*(1) quartile amongst peers. Capital generation has supported: • 98% increase
Slide 15: Allstate Delivers Strong Results and Creates Shareholder Value
Allstate Delivers Strong Results and Creates Shareholder Value Allstate’s Strategy Increase Personal Property-Liability Market Share Shareholder value creation ➢ Operational excellence Leveraging Allstate brand, ➢ Sustainable growth customer base and capabilities ➢ Capital generation Expand Protecti
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Slide 17: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking statements” that anticipate results o Business, Strategy and Operations (12) operations in markets that are based on our estimates, assumptions and plans that are subject to uncertainty. highly competitive; (13) changing consumer
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