| Market Capitalization (Millions $) |
52,009 |
| Shares
Outstanding (Millions) |
270 |
| Employees |
53,000 |
| Revenues (TTM) (Millions $) |
64,106 |
| Net Income (TTM) (Millions $) |
4,599 |
| Cash Flow (TTM) (Millions $) |
-18 |
| Capital Exp. (TTM) (Millions $) |
210 |
Allstate Corp
As of October 2023, The Allstate Corporation is a major American insurance company, incorporated in Delaware on November 5, 1992, serving as the holding company for Allstate Insurance Company. Allstate is primarily engaged in the personal property and casualty insurance business, as well as in life insurance, retirement, and investment products. Its operations are mainly conducted in the United States and Canada.
Allstate is recognized as the largest publicly held personal lines insurer in the U.S. and is widely known for its slogan, Youre In Good Hands With Allstate.The company provides insurance products to over 16 million households, with approximately 12,900 exclusive agencies and financial specialists across the U.S. and Canada. Allstates significant market position includes being one of the largest personal property and casualty insurers in the country and ranking among the leading life insurance companies based on various metrics.
The company operates through four main business segments:
1. Allstate Protection: This segment primarily focuses on personal auto and homeowners insurance.
2. Allstate Financial: This segment includes life insurance, retirement products, investment services, and supplemental health insurance products.
3. Discontinued Lines and Coverages: This segment includes various insurance products that the company has ceased actively offering.
4. Corporate and Other: This portion encompasses activities that are not allocated to other segments.
Allstates underwriting strategy in homeowners insurance targets customers whose risk profiles align with profitable growth opportunities while managing exposure in areas prone to significant losses due to natural disasters.
Competition in the insurance market is intense, particularly in personal auto and homeowners insurance. Allstate contends with other major insurers, competing based on factors such as distribution systems, the breadth of product offerings, brand recognition, financial strength, product features and pricing, and customer service levels. For life and retirement products, Allstate differentiates itself through the variety of options available, the performance of investment funds, and overall customer experience.
Company Address: 3100 Sanders Road Northbrook 60062 IL
Company Phone Number: 402-2800 Stock Exchange / Ticker: NYSE ALL
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2.32% 
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