The Allstate Corporation is one of America’s leading personal lines property and casualty insurers. It is based in Northfield Township, Illinois, USA.
Allstate provides automotive, home, life, and business insurance, banking services, and retirement and investment products, under the Allstate, Encompass® and Esurance® brand names.
The company has approximately 12,000 exclusive Allstate agencies and financial representatives in the United States and Canada.
The Allstate Corporation was founded in 1931 and went public on the New York Stock Exchange (NYSE) in 1993 under the ticker symbol ‘ALL’.
Its vision is to “deliver substantially more value than the competition by reinventing protection and retirement to improve customers’ lives.”
Overview
- Chairman, President, and CEO: Thomas J. Wilson
- Industry: Financial services
- Type: Public
- Listed on the New York Stock Exchange (NYSE)
- NYSE stock symbol: ALL
- S&P 500 Component
- Formed: 1931
- Revenue: $35.239 billion USD (2014)
- Net income: $2.850 billion USD (2014)
- Diluted earnings per share: $6.37 USD (2014)
- Company head office: 2775 Sanders Road, Suite F3SE, Northbrook, Illinois, USA
- Employees: 40,200 (2014)
- Website: http://www.allstate.com/
- Investor relations number: (800) 416-8803
- Investor relations email: [email protected]
- Subsidiaries: Encompass Insurance Company, Esurance
The Allstate Corporation Financial Results, Years Ended December 31
| Operating data (in $ millions) | 2014 | 2013 |
| Total revenues | $35,239 | $34,507 |
| Property-liability insurance premiums | $28,929 | $27,618 |
| Life and annuity premiums and contract charges | $2,157 | $2,352 |
| Property-liability insurance claims and claims expense | $19,428 | $17,911 |
| Life and annuity contract benefits | $1,765 | $1,917 |
| Total costs and expenses | $30,929 | $30,423 |
| Net income | $2,850 | $2,280 |
| Net income available to common shareholders | $2,746 | $2,263 |
| Balance sheet data (in $ millions) | ||
| Total assets | $108,533 | $123,520 |
| Total Liabilities | $86,229 | $102,040 |
| Total stockholders’ equity | $22,304 | $21,480 |
| Common share data (in $) | ||
| Basic earnings per share | $6.37 | $4.87 |
| Diluted earnings per share | $6.27 | $4.81 |
| Cash flow data (in $ millions) | ||
| Cash provided by operating activities | $3,236 | $4,242 |
| Cash provided by investing activities | $1,621 | $1,580 |
| Cash used in financing activities | $(4,875) | $(5,953) |
| Cash at beginning of year | $675 | $806 |
| Cash at end of year | $657 | $675 |
Source: “The Allstate Corporation Form 10-K 2014”