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The Allstate Corporation 2025 PAGE 9
Forward-looking Statements
This presentation contains “forward-looking statements” that anticipate results
based on our estimates, assumptions and plans that are subject to uncertainty.
These statements are made subject to the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements do not
relate strictly to historical or current facts and may be identified by their use of
words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,”
“intends,” “believes,” “likely,” “targets” and other words with similar meanings.
These statements may address, among other things, our strategy for growth,
catastrophe exposure management, product development, investment results,
regulatory approvals, market position, expenses, financial results, litigation and
reserves. We believe that these statements are based on reasonable estimates,
assumptions and plans. Forward-looking statements speak only as of the date on
which they are made, and we assume no obligation to update any forward-
looking statements resulting from new information or future events or
developments. In addition, forward-looking statements are subject to certain risks
or uncertainties that could cause actual results to differ materially from those
communicated in these forward-looking statements. Factors that could cause
actual results to differ materially from those expressed in, or implied by, the
forward-looking statements include risks related to:
o Insurance and Financial Services (1) actual claim costs exceeding current
reserves; (2) unexpected increases in claim frequency or severity; (3)
catastrophes and severe weather events; (4) limitations in analytical models
used for loss cost estimates; (5) price competition and changes in regulation
and underwriting standards; (6) regulatory limitations on rate increases and
requirements to underwrite business and participate in loss sharing
arrangements; (7) market risk and declines in credit quality of our investment
portfolios; (8) economic and capital market conditions affecting investments;
(9) subjective determination of fair value and amount of credit losses for
investments; (10) participation in indemnification programs, including state
industry pools and facilities; (11) inability to mitigate the impact associated
with changes in capital requirements; (12) a downgrade in financial strength
ratings;
o Business, Strategy and Operations (13) operations in markets that are highly
competitive; (14) changing consumer preferences; (15) new or changing
technologies impacting the business; (16) inability to successfully deploy new
technologies; (17) Transformative Growth strategy; (18) catastrophe
management strategy; (19) restrictions on our subsidiaries’ ability to pay
dividends; (20) restrictions under terms of some of our securities on the ability
to pay dividends or repurchase stock; (21) the availability and cost of
reinsurance; (22) counterparty risk related to reinsurance; (23) acquisitions
and divestitures of businesses; (24) intellectual property infringement,
misappropriation and third-party claims; (25) reliance on vendors for products,
services or protection of data and information (26) inability to attract, develop
and retain talent;
o Macro, Regulatory and Risk Environment (27) conditions in the global
economy and capital markets, including changes in U.S. trade and tariff
policy, newly imposed U.S. tariffs and any additional responsive non-U.S.
tariffs or additional U.S. tariffs, and our ability to plan for and respond to the
impact of those changes; (28) restrictions on liquidity or availability of credit
on acceptable terms; (29) a large-scale pandemic, the occurrence of
terrorism, military actions or political and social unrest or other disruptive or
destabilizing events; (30) the failure in cyber or other information security
controls; (31) failure of business continuity following a disaster or other event;
(32) changing climate and weather conditions; (33) evolving environmental,
social and governance standards and expectations; (34) evolving privacy and
data security regulations and increased focus on enforcement; (35) failure to
manage risk and to timely detect and mitigate a cybersecurity event; (36)
restrictive regulations and uncertainty around the interpretation and
implementation of regulations in the U.S. and internationally; (37) regulatory
reforms and stringent application of existing regulations: (38) losses from
legal and regulatory actions; (39) changes in or the application of accounting
standards and changes in tax laws; and (40) misconduct or fraudulent acts by
employees, agents and third parties.
Additional information concerning these and other factors may be found in our
filings with the Securities and Exchange Commission, including the “Risk Factors”
section in our most recent annual report on Form 10-K.
