Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of business segments net income disclosures

A reconciliation of these measures to net income (loss) applicable to common shareholders is provided below.


Reportable segments financial performance
	Three months ended September 30,				Nine months ended September 30,
($ in millions)	2021		2020		2021		2020
Underwriting income (loss) by segment
Allstate Protection	$	(421)	$	887	$	1,670	$	3,143
Run-off Property-Liability	(113)		(135)		(118)		(141)
Total Property-Liability	(534)		752		1,552		3,002

Adjusted net income (loss) by segment, after-tax
Protection Services	45		40		150		115
Allstate Health and Benefits	33		33		160		62
Corporate and Other	(95)		(111)		(330)		(317)

Reconciling items
Property-Liability net investment income	710		422		2,314		802
Realized capital gains (losses)	105		319		818		597
Pension and other postretirement remeasurement gains (losses)	(40)		71		404		(320)
Curtailment gains (losses)	—		8		—		8
Business combination expenses and amortization of purchased intangibles (1)	(34)		(28)		(124)		(81)
Business combination fair value adjustment	—		—		6		—
Income tax expense on reconciling items	(14)		(317)		(990)		(798)
Total reconciling items	727		475		2,428		208

Income (loss) from discontinued operations	235		(86)		(3,435)		(289)
Income tax benefit from discontinued operations	90		23		163		82
Total from discontinued operations	$	325	$	(63)	$	(3,272)	$	(207)

Less: Net loss attributable to noncontrolling interest	(7)		—		(7)		—

Net income applicable to common shareholders	$	508	$	1,126	$	695	$	2,863

(1)Excludes amortization of purchased intangibles in Property-Liability, which is included above in underwriting income.

Schedule of business segments revenue disclosures


Reportable segments revenue information
($ in millions)	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Property-Liability
Insurance premiums
Auto	$	6,912	$	6,210	$	20,604	$	18,537
Homeowners	2,522		2,073		7,325		6,164
Other personal lines	521		486		1,545		1,435
Commercial lines	204		183		590		560
Allstate Protection	10,159		8,952		30,064		26,696
Run-off Property-Liability	—		—		—		—
Total Property-Liability insurance premiums	10,159		8,952		30,064		26,696
Other revenue	365		220		1,071		639
Net investment income	710		422		2,314		802
Realized capital gains (losses)	94		292		763		571
Total Property-Liability	11,328		9,886		34,212		28,708

Protection Services
Protection plans	295		236		834		661
Roadside assistance	50		48		144		143
Finance and insurance products	111		100		324		294
Intersegment premiums and service fees (1)	46		36		133		109
Other revenue	85		52		263		155
Net investment income	10		12		32		33
Realized capital gains (losses)	4		14		20		9
Total Protection Services	601		498		1,750		1,404

Allstate Health and Benefits
Employer voluntary benefits	251		287		769		832
Group health	90		—		260		—
Individual accident and health	119		—		333		—
Other revenue	85		—		248		—
Net investment income	18		18		56		58
Realized capital gains (losses)	(1)		3		5		—
Total Allstate Health and Benefits	562		308		1,671		890

Corporate and Other
Other revenue	1		—		3		—
Net investment income	26		12		44		37
Realized capital gains (losses)	8		10		30		17
Total Corporate and Other	35		22		77		54

Intersegment eliminations (1)	(46)		(36)		(133)		(109)
Consolidated revenues	$	12,480	$	10,678	$	37,577	$	30,947

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