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ALL » Topics » Protection

This excerpt taken from the ALL 8-K filed Jul 24, 2008.

Protection

 

During the quarter, Allstate’s Property-Liability operations benefitted from reduced claim frequency and moderate severity, resulting in profitability levels better than expected for the full year. For the quarter, the Property-Liability underlying combined ratio, which excludes the effects of catastrophes and prior year reserve re-estimates, was 84.1, significantly below the full-year outlook of 87.0 to 89.0 provided in January.

 

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