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Reportable Segments
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Reportable Segments
Note 4
Reportable Segments
Reportable segments revenue information
 
 
 
 
($ in millions)
 
Three months ended June 30,
 
Six months ended June 30,
 
2018
 
2017
 
2018
 
2017
Property-Liability
 
 

 
 

 
 

 
 

Insurance premiums
 
 

 
 

 
 

 
 

Auto
 
$
5,705

 
$
5,438

 
$
11,296

 
$
10,826

Homeowners
 
1,864

 
1,815

 
3,712

 
3,630

Other personal lines
 
455

 
436

 
899

 
867

Commercial lines
 
165

 
118

 
301

 
243

Allstate Protection
 
8,189

 
7,807

 
16,208

 
15,566

Discontinued Lines and Coverages
 

 

 

 

Total property-liability insurance premiums
 
8,189

 
7,807

 
16,208

 
15,566

Other revenue
 
184

 
181

 
358

 
348

Net investment income
 
353

 
387

 
690

 
695

Realized capital gains and losses
 
(15
)
 
85

 
(110
)
 
220

Total Property-Liability
 
8,711

 
8,460

 
17,146

 
16,829

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 

 
 

Consumer product protection plans
 
121

 
70

 
244

 
129

Roadside assistance
 
68

 
67

 
132

 
135

Finance and insurance products
 
82

 
74

 
162

 
147

Intersegment premiums and service fees (1)
 
29

 
28

 
58

 
56

Other revenue
 
16

 
17

 
32

 
33

Net investment income
 
6

 
4

 
11

 
7

Realized capital gains and losses
 
(2
)
 

 
(6
)
 

Total Service Businesses
 
320

 
260

 
633

 
507

 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
148

 
139

 
294

 
279

Accident and health insurance premiums
 
1

 
1

 
1

 
1

Interest-sensitive life insurance contract charges
 
177

 
179

 
358

 
360

Other revenue
 
28

 
28

 
54

 
55

Net investment income
 
130

 
123

 
252

 
243

Realized capital gains and losses
 
(3
)
 
1

 
(6
)
 
2

Total Allstate Life
 
481

 
471

 
953

 
940

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
10

 
9

 
19

 
18

Accident and health insurance premiums
 
245

 
232

 
493

 
464

Interest-sensitive life insurance contract charges
 
28

 
28

 
57

 
56

Net investment income
 
19

 
19

 
38

 
36

Realized capital gains and losses
 

 

 
(2
)
 

Total Allstate Benefits
 
302

 
288

 
605

 
574

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Fixed annuities contract charges
 
3

 
3

 
6

 
6

Net investment income
 
293

 
354

 
583

 
643

Realized capital gains and losses
 
6

 
(5
)
 
(23
)
 
(7
)
Total Allstate Annuities
 
302

 
352

 
566

 
642

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 

 
 

 
 

 
 

Net investment income
 
23

 
10

 
36

 
21

Realized capital gains and losses
 
(11
)
 

 
(12
)
 

 
 
 
 
 
 
 
 
 
Total Corporate and Other
 
12

 
10

 
24

 
21

Intersegment eliminations (1)
 
(29
)
 
(28
)
 
(58
)
 
(56
)
Consolidated revenues
 
$
10,099

 
$
9,813

 
$
19,869

 
$
19,457


(1) Intersegment insurance premiums and service fees are primarily related to Arity and Allstate Roadside Services and are eliminated in the condensed consolidated financial statements.
Reportable segments financial performance
 
 
 
 
 
 
Three months ended June 30,
 
Six months ended June 30,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Property-Liability
 
 
 
 
 
 
 
 
Allstate Protection
 
$
419

 
$
270

 
$
1,381

 
$
820

Discontinued Lines and Coverages
 
(3
)
 
(5
)
 
(6
)
 
(7
)
Total underwriting income
 
416

 
265

 
1,375

 
813

Net investment income
 
353

 
387

 
690

 
695

Income tax expense on operations
 
(157
)
 
(207
)
 
(425
)
 
(475
)
Realized capital gains and losses, after-tax
 
(12
)
 
56

 
(87
)
 
145

Gain on disposition of operations, after-tax
 

 
6

 

 
6

Property-Liability net income applicable to common shareholders
 
600

 
507

 
1,553

 
1,184

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 
 
 
Adjusted net income (loss)
 
1

 
(8
)
 
(4
)
 
(18
)
Realized capital gains and losses, after-tax
 
(1
)
 

 
(4
)
 

Amortization of purchased intangible assets, after-tax
 
(16
)
 
(15
)
 
(32
)
 
(30
)
Service Businesses net loss applicable to common shareholders
 
(16
)
 
(23
)
 
(40
)
 
(48
)
 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Adjusted net income
 
78

 
63

 
147

 
122

Realized capital gains and losses, after-tax
 
(2
)
 

 
(4
)
 
1

DAC and DSI amortization related to realized capital gains and losses, after-tax
 
(3
)
 
(3
)
 
(5
)
 
(6
)
Allstate Life net income applicable to common shareholders
 
73

 
60

 
138

 
117

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Adjusted net income
 
34

 
25

 
62

 
47

Realized capital gains and losses, after-tax
 

 

 
(2
)
 

Allstate Benefits net income applicable to common shareholders
 
34

 
25

 
60

 
47

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Adjusted net income
 
44

 
65

 
79

 
94

Realized capital gains and losses, after-tax
 
5

 
(3
)
 
(18
)
 
(5
)
Valuation changes on embedded derivatives not hedged, after-tax
 

 
(1
)
 
4

 
(1
)
Gain on disposition of operations, after-tax
 
1

 

 
2

 
2

Allstate Annuities net income applicable to common shareholders
 
50

 
61

 
67

 
90

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 
 
 
 
 
 
 
Adjusted net loss
 
(95
)
 
(80
)
 
(185
)
 
(161
)
Realized capital gains and losses, after-tax
 
(9
)
 

 
(10
)
 

Business combination expenses, after-tax
 

 

 

 
(13
)
Corporate and Other net loss applicable to common shareholders
 
(104
)
 
(80
)
 
(195
)
 
(174
)
 
 
 
 
 
 
 
 
 
Consolidated net income applicable to common shareholders
 
$
637

 
$
550

 
$
1,583

 
$
1,216