The Allstate Corporation
The Allstate Corporation (Allstate) is one of the leading personal property and casualty insurance holding companies in the US. The company provides a wide range of insurance coverage such as automobile insurance, property insurance, life insurance and annuities. The company operates through four reportable business segments, namely, Allstate Protection, Allstate Financial, Discontinued Lines and Coverages, and Corporate and Other. It provides products and services through Allstate Insurance, Allstate Life Insurance, and other subsidiaries to more than 17 million households through more than 14,000 exclusive Allstate agencies and financial representatives across the US and Canada. Allstate is headquartered in Northbrook, US.The company reported revenues of (U.S. Dollars) USD 29,394.00 million during the fiscal year ended 2008, a decrease of 20.06% from 2007. The operating loss of the company was USD 3,019.00 million during the fiscal year 2008, as against an operating income of USD 6,663.00 million during 2007. The net loss of the company was USD 1,679.00 million during the fiscal year 2008, as against a net profit of USD 4,636.00 million during 2007.
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