The Allstate Corporation

Industry: Property Casualty Insurance

Fortune Rank: 68

For the nine months ended 30 September 2005 Allstate Corporation's, revenues increased 6% to $26.44B. Net income decreased 65% to $724M. Revenues reflect increased revenue from investment income, realised capital gains and insurance premium. Net income suffered from an increase in insurance claims & claims expenses, higher operating costs, an increase in restructuring & related charges and higher interest expenses.

Allstate Corporation serves as the holding company for Allstate Insurance Company. Its business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates (collectively, including Allstate Corporation, Allstate). Allstate is engaged in the personal property and casualty insurance business and the life insurance, retirement and investment products business. It conducts its business primarily in the United States. Allstate provides insurance products to more than 16 million households and has approximately 13,600 exclusive agencies and exclusive financial specialists in the United States and Canada. Allstate has four business segments: Allstate Protection, Allstate Financial, Discontinued Lines and Coverages, and Corporate and Other.

The Allstate Corporation

The Allstate Corporation is a Fortune 500 company. In 2010 The Allstate Corporation was ranked number 68 on the Fortune 500 list, making it the 68th largest company in the United States when judged by revenue.

The Allstate Corporation achieved revenue of $32,013.00 million in 2010 and earned a profit of $854.00 million.

The Allstate Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 68th compared to 81st in 2009. This was based on its 2009 revenue of $29,394 million (a change of 3 million compared to 2010) and profits of $-1,679 million (a change of $855 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then The Allstate Corporation would be ranked 152nd rather than 68th due to its profits of $854 in 2010.

The Allstate Corporation Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts