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Reporting Segments (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of business segments revenue disclosures

Reportable segments revenue information
 
 
For the years ended December 31,

($ in millions)
 
2019
 
2018
 
2017
Property-Liability
 
 
 
 
 
 
Insurance premiums
 
 
 
 
 
 
Auto
 
$
24,188

 
$
22,970

 
$
21,878

Homeowners
 
7,912

 
7,517

 
7,310

Other personal lines
 
1,861

 
1,808

 
1,750

Commercial lines
 
882

 
655

 
495

Allstate Protection
 
34,843

 
32,950

 
31,433

Discontinued Lines and Coverages
 

 

 

Total Property-Liability insurance premiums
 
34,843

 
32,950

 
31,433

Other revenue
 
741

 
738

 
703

Net investment income
 
1,533

 
1,464

 
1,478

Realized capital gains and losses
 
1,470

 
(639
)
 
401

Total Property-Liability
 
38,587

 
34,513

 
34,015

 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 
Consumer product protection plans
 
633

 
503

 
295

Roadside assistance
 
238

 
263

 
268

Finance and insurance products
 
362

 
332

 
304

Intersegment premiums and service fees (1)
 
154

 
122

 
110

Other revenue
 
188

 
82

 
66

Net investment income
 
42

 
27

 
16

Realized capital gains and losses
 
32

 
(11
)
 

Total Service Businesses
 
1,649

 
1,318

 
1,059

 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
Traditional life insurance premiums
 
630

 
600

 
568

Accident and health insurance premiums
 
2

 
2

 
2

Interest-sensitive life insurance contract charges
 
711

 
713

 
710

Other revenue
 
125

 
119

 
114

Net investment income
 
514

 
505

 
489

Realized capital gains and losses
 
1

 
(14
)
 
5

Total Allstate Life
 
1,983

 
1,925

 
1,888

 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
Traditional life insurance premiums
 
43

 
44

 
42

Accident and health insurance premiums
 
988

 
980

 
928

Interest-sensitive life insurance contract charges
 
114

 
111

 
114

Net investment income
 
83

 
77

 
72

Realized capital gains and losses
 
12

 
(9
)
 
1

Total Allstate Benefits
 
1,240

 
1,203

 
1,157

 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
Fixed annuities contract charges
 
13

 
15

 
14

Net investment income
 
917

 
1,096

 
1,305

Realized capital gains and losses
 
346

 
(166
)
 
44

Total Allstate Annuities
 
1,276

 
945

 
1,363

 
 
 
 
 
 
 
Corporate and Other
 
 
 
 
 
 
Net investment income
 
70

 
71

 
41

Realized capital gains and losses
 
24

 
(38
)
 
(6
)
Total Corporate and Other
 
94

 
33

 
35

Intersegment eliminations (1)
 
(154
)
 
(122
)
 
(110
)
Consolidated revenues
 
$
44,675

 
$
39,815

 
$
39,407


(1) Intersegment insurance premiums and service fees are primarily related to Arity and Allstate Roadside Services and are eliminated in the consolidated financial statements.

Schedule of business segments net income disclosures

Reportable segments financial performance
 
 
For the years ended December 31,
($ in millions)
 
2019
 
2018
 
2017
Property-Liability
 
 
 
 
 
 
Allstate Protection
 
$
2,912

 
$
2,343

 
$
2,304

Discontinued Lines and Coverages
 
(108
)
 
(90
)
 
(99
)
Total underwriting income
 
2,804

 
2,253

 
2,205

Net investment income
 
1,533

 
1,464

 
1,478

Income tax expense on operations
 
(887
)
 
(747
)
 
(1,187
)
Realized capital gains and losses, after-tax
 
1,161

 
(500
)
 
272

Gain on disposition of operations, after-tax
 

 

 
9

Tax Legislation (expense) benefit
 

 
(5
)
 
36

Property-Liability net income applicable to common shareholders
 
4,611

 
2,465

 
2,813

 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 
Adjusted net income (loss)
 
38

 
8

 
(54
)
Realized capital gains and losses, after-tax
 
25

 
(9
)
 

Amortization of purchased intangibles, after-tax
 
(97
)
 
(74
)
 
(60
)
Impairment of purchased intangibles, after-tax
 
(43
)
 

 

Tax Legislation (expense) benefit
 

 
(4
)
 
137

Service Businesses net (loss) income applicable to common shareholders
 
(77
)
 
(79
)
 
23

 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
Adjusted net income
 
261

 
295

 
259

Realized capital gains and losses, after-tax
 

 
(11
)
 
2

Valuation changes on embedded derivatives not hedged, after-tax
 
(9
)
 

 

DAC and DSI amortization related to realized capital gains and losses and valuation changes on embedded derivatives not hedged, after-tax

 
(5
)
 
(8
)
 
(10
)
Tax Legislation (expense) benefit
 

 
(16
)
 
338

Allstate Life net income applicable to common shareholders
 
247

 
260

 
589

 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
Adjusted net income
 
115

 
124

 
100

Realized capital gains and losses, after-tax
 
9

 
(7
)
 

DAC and DSI amortization related to realized capital gains and losses, after-tax
 

 
1

 

Tax Legislation benefit
 

 

 
54

Allstate Benefits net income applicable to common shareholders
 
124

 
118

 
154

 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
Adjusted net income
 
10

 
131

 
205

Realized capital gains and losses, after-tax
 
274

 
(131
)
 
28

Valuation changes on embedded derivatives not hedged, after-tax
 
(6
)
 
3

 

Gain on disposition of operations, after-tax
 
4

 
4

 
4

Tax Legislation benefit
 

 
69

 
182

Allstate Annuities net income applicable to common shareholders
 
282

 
76

 
419

 
 
 
 
 
 
 
Corporate and Other
 
 
 
 
 
 
Adjusted net loss
 
(438
)
 
(406
)
 
(320
)
Realized capital gains and losses, after-tax
 
19

 
(30
)
 
(4
)
Pension and other postretirement remeasurement gains and losses, after-tax
 
(90
)
 
(370
)
 
141

Goodwill impairment
 

 

 
(125
)
Business combination expenses, after-tax
 

 
(7
)
 
(14
)
Tax Legislation expense
 

 
(15
)
 
(238
)
Consolidated and Other net loss applicable to common shareholders
 
(509
)
 
(828
)
 
(560
)
 
 
 
 
 
 
 
Consolidated net income applicable to common shareholders
 
$
4,678

 
$
2,012

 
$
3,438



Additional significant financial performance data
 
 
 
 
 
 
 
 
For the years ended December 31,
($ in millions)
 
2019
 
2018
 
2017
Amortization of DAC
 
 
 
 
 
 
Property-Liability
 
$
4,649

 
$
4,475

 
$
4,205

Service Businesses
 
543

 
463

 
296

Allstate Life
 
173

 
132

 
134

Allstate Benefits
 
161

 
145

 
142

Allstate Annuities
 
7

 
7

 
7

Consolidated
 
$
5,533

 
$
5,222

 
$
4,784

 
 
 
 
 
 
 
Income tax expense (benefit)
 
 
 
 
 
 
Property-Liability
 
$
1,196

 
$
613

 
$
1,285

Service Businesses
 
(18
)
 
(19
)
 
(194
)
Allstate Life
 
53

 
75

 
(226
)
Allstate Benefits
 
35

 
32

 
1

Allstate Annuities
 
73

 
(66
)
 
(58
)
Corporate and Other
 
(97
)
 
(167
)
 
187

Consolidated
 
$
1,242

 
$
468

 
$
995


Additional significant financial performance data
Additional significant financial performance data
 
 
 
 
 
 
 
 
For the years ended December 31,
($ in millions)
 
2019
 
2018
 
2017
Amortization of DAC
 
 
 
 
 
 
Property-Liability
 
$
4,649

 
$
4,475

 
$
4,205

Service Businesses
 
543

 
463

 
296

Allstate Life
 
173

 
132

 
134

Allstate Benefits
 
161

 
145

 
142

Allstate Annuities
 
7

 
7

 
7

Consolidated
 
$
5,533

 
$
5,222

 
$
4,784

 
 
 
 
 
 
 
Income tax expense (benefit)
 
 
 
 
 
 
Property-Liability
 
$
1,196

 
$
613

 
$
1,285

Service Businesses
 
(18
)
 
(19
)
 
(194
)
Allstate Life
 
53

 
75

 
(226
)
Allstate Benefits
 
35

 
32

 
1

Allstate Annuities
 
73

 
(66
)
 
(58
)
Corporate and Other
 
(97
)
 
(167
)
 
187

Consolidated
 
$
1,242

 
$
468

 
$
995


Summarized data for total assets and investments
Reportable segment total assets and investments (1)
 
 
 
 
 
 
As of December 31,
($ in millions)
 
2019
 
2018
Assets
 
 
 
 
Property-Liability
 
$
67,243

 
$
61,947

Service Businesses
 
5,746

 
5,473

Allstate Life
 
14,771

 
13,613

Allstate Benefits
 
2,915

 
2,822

Allstate Annuities
 
26,914

 
26,798

Corporate and Other
 
2,361

 
1,596

Consolidated
 
$
119,950

 
$
112,249

 
 
 
 
 
Investments
 
 
 
 
Property-Liability
 
$
48,414

 
$
43,634

Service Businesses
 
1,544

 
1,203

Allstate Life
 
11,914

 
10,809

Allstate Benefits
 
1,941

 
1,809

Allstate Annuities
 
22,221

 
22,336

Corporate and Other
 
2,328

 
1,469

Consolidated
 
$
88,362

 
$
81,260