ALL · 8-K · 20260805PR000117

Investment Income and Gains

ALLSTATE CORP · 2026-08-05 · Importance 63 · Surprise 64 · No source text

Allstate Investments managed an $87.8 billion portfolio at June 30, 2026, up from $83.2 billion at December 31, 2025. Second-quarter net investment income increased $255 million to $1.009 billion, with market-based income rising 14.2% to $837 million as asset balances reached $78.0 billion and fixed-income yields increased. Performance-based investment income rose $160 million to $239 million, reflecting higher private-equity and real-estate income. Net gains on investments and derivatives were $1.055 billion, primarily from valuation increases on public-equity securities, partially offset by repositioning-sale and derivative losses.

Key facts

• Net gains on investments and derivatives were $1,055 million in the second quarter of 2026, compared to losses of $144 million in the prior year quarter. source
• Market-based investment income was $837 million in the second quarter of 2026, an increase of $104 million versus prior year, reflecting growth in asset balances to $78.0 billion and higher fixed income yields. source
• Net investment income was $1,009 million in the second quarter of 2026, an increase of $255 million from the prior year quarter. source
• Allstate Investments manages an $87.8 billion portfolio. source
• Performance-based investment income totaled $239 million in the second quarter of 2026, an increase of $160 million versus prior year quarter. source
• Unrealized net capital losses totaled $97 million (pre-tax), a $185 million increase to the prior quarter end. source
• Total return on the investment portfolio was 2.6% for the second quarter and 5.6% for the trailing twelve months. source

Impact estimates