Allstate Reports Q3 2026 Earnings with $2.5 Billion Adjusted Net Income
Allstate (ALL) reported third-quarter 2026 financial results characterized by steady revenue growth and strong underwriting performance. Total revenue reached $17.3 billion, a 0.5% increase year-over-year, while adjusted net income rose to $2.5 billion, or $9.76 per diluted common share. This profitability was bolstered by improved underwriting margins and a significant 24% surge in net investment income, totaling $1.18 billion. The company saw growth in its policy base, with property-liability policies in force increasing to 39.3 million. Despite a sharp rise in catastrophe losses to $1.65 billion compared to $558 million in the prior year, homeowners insurance maintained strong profitability with an underlying combined ratio of 60.1. Allstate continues to prioritize shareholder returns, having returned $1.5 billion in capital during the quarter.
Tickers: $ALL
Topics: catastrophe losses insurance underwriting net income revenue