Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
($ in millions)	2023		2022
Underwriting income (loss) by segment
Allstate Protection	$	(998)	$	282
Run-off Property-Liability	(3)		(2)
Total Property-Liability	(1,001)		280

Adjusted net income (loss) by segment, after-tax
Protection Services	34		53
Allstate Health and Benefits	56		57
Corporate and Other	(89)		(111)

Reconciling items
Property-Liability net investment income	509		558
Net gains (losses) on investments and derivatives	14		(267)
Pension and other postretirement remeasurement gains (losses)	53		247

Amortization of purchased intangibles (1)	(24)		(29)

Gain (loss) on disposition	9		(16)
Income tax benefit (expense) on reconciling items	92		(148)
Total reconciling items	653		345

Less: Net loss attributable to noncontrolling interest (2)	(1)		(10)

Net (loss) income applicable to common shareholders	$	(346)	$	634

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

(2)Reflects net loss attributable to noncontrolling interest in Property-Liability.

Schedule of business segments revenue disclosures


Reportable segments revenue information
($ in millions)	Three months ended March 31,
	2023		2022
Property-Liability
Insurance premiums
Auto	$	7,908	$	7,081
Homeowners	2,810		2,490
Other personal lines	562		531
Commercial lines	232		283
Other business lines	123		113
Allstate Protection	11,635		10,498
Run-off Property-Liability	—		—
Total Property-Liability insurance premiums	11,635		10,498
Other revenue	353		347
Net investment income	509		558
Net gains (losses) on investments and derivatives	12		(203)
Total Property-Liability	12,509		11,200

Protection Services
Protection plans	361		313
Roadside assistance	49		53
Finance and insurance products	128		117
Intersegment premiums and service fees (1)	33		41
Other revenue	84		94
Net investment income	16		9
Net gains (losses) on investments and derivatives	(1)		(13)
Total Protection Services	670		614

Allstate Health and Benefits
Employer voluntary benefits	255		263
Group health	107		94
Individual health	101		111
Other revenue	101		95
Net investment income	19		17
Net gains (losses) on investments and derivatives	2		(7)
Total Allstate Health and Benefits	585		573

Corporate and Other
Other revenue	23		24
Net investment income	31		10
Net gains (losses) on investments and derivatives	1		(44)
Total Corporate and Other	55		(10)

Intersegment eliminations (1)	(33)		(41)
Consolidated revenues	$	13,786	$	12,336

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