1.	General

Basis of presentation

The accompanying financial statements include the accounts of Allstate Life Insurance Company of New York (the “Company”), a wholly owned subsidiary of Allstate Life Insurance Company (“ALIC”), which is wholly owned by Allstate Insurance Company (“AIC”). AIC is wholly owned by Allstate Insurance Holdings, LLC, a wholly owned subsidiary of The Allstate Corporation (the “Corporation”). These financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”).

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Nature of operations

The Company offers traditional, interest-sensitive and variable life insurance and voluntary accident and health insurance products to customers in the State of New York. The Company distributes its products through Allstate exclusive agencies and exclusive financial specialists, and workplace enrolling independent agents. The Company previously offered and continues to have in force fixed annuities such as deferred and immediate annuities. The Company also previously offered variable annuities and all of this business is reinsured.

The following table summarizes premiums and contract charges by product.


($ in thousands)	2017		2016		2015
Premiums
Traditional life insurance	$	55,996	$	52,333	$	48,532
Immediate annuities with life contingencies		—		—		5
Accident and health insurance		34,945		16,248		14,681

Total premiums		90,941		68,581		63,218

Contract charges
Interest-sensitive life insurance		76,103		75,940		74,829
Fixed annuities		68		69		119

Total contract charges		76,171		76,009		74,948

Total premiums and contract charges	$	167,112	$	144,590	$	138,166