Business Segments (Tables)

9 Months Ended

Sep. 30, 2011

Business Segments

Schedule of business segments revenue disclosures

($ in millions)		Three months ended September 30,						Nine months ended September 30,
		2011			2010			2011			2010
Revenues
Property-Liability
Property-liability insurance premiums
Standard auto	$	4,070		$	4,134		$	12,251		$	12,425
Non-standard auto		196			224			613			688
Total auto		4,266			4,358			12,864			13,113
Homeowners		1,553			1,526			4,640			4,554
Other personal lines		613			614			1,834			1,847
Allstate Protection		6,432			6,498			19,338			19,514
Discontinued Lines and Coverages		--			1			(1	)		1
Total property-liability insurance premiums		6,432			6,499			19,337			19,515
Net investment income		298			284			892			898
Realized capital gains and losses		24			(107	)		73			(403	)
Total Property-Liability		6,754			6,676			20,302			20,010
Allstate Financial
Life and annuity premiums and contract charges
Traditional life insurance		111			107			328			317
Immediate annuities with life contingencies		16			26			74			84
Accident and health insurance		160			157			483			464
Total life and annuity premiums		287			290			885			865
Interest-sensitive life insurance		258			249			759			740
Fixed annuities		7			9			24			32
Total contract charges		265			258			783			772
Total life and annuity premiums and contract charges		552			548			1,668			1,637
Net investment income		682			707			2,060			2,161
Realized capital gains and losses		219			(38	)		320			(553	)
Total Allstate Financial		1,453			1,217			4,048			3,245
Corporate and Other
Service fees		1			2			5			8
Net investment income		14			14			44			45
Realized capital gains and losses		21			1			24			13
Total Corporate and Other before reclassification of service fees		36			17			73			66
Reclassification of service fees (1)		(1	)		(2	)		(5	)		(8	)
Total Corporate and Other		35			15			68			58
Consolidated revenues	$	8,242		$	7,908		$	24,418		$	23,313

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(1) For presentation in the Condensed Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.

Schedule of business segments net income disclosures

($ in millions)		Three months ended September 30,				Nine months ended September 30,
		2011		2010		2011		2010
Net income
Property-Liability
Underwriting (loss) income
Allstate Protection	$	(299)	$	287	$	(1,464)	$	571
Discontinued Lines and Coverages		(12)		(21)		(22)		(27)
Total underwriting (loss) income		(311)		266		(1,486)		544
Net investment income		298		284		892		898
Income tax benefit (expense) on operations		38		(154)		317		(391)
Realized capital gains and losses, after-tax		15		(69)		47		(261)
Gain on disposition of operations, after-tax		--		4		--		4
Property-Liability net income (loss)		40		331		(230)		794
Allstate Financial
Life and annuity premiums and contract charges		552		548		1,668		1,637
Net investment income		682		707		2,060		2,161
Periodic settlements and accruals on non-hedge derivative financial instruments		18		10		54		38
Contract benefits and interest credited to contractholder funds		(850)		(891)		(2,563)		(2,731)
Operating costs and expenses and amortization of deferred policy acquisition costs		(206)		(219)		(641)		(554)
Restructuring and related charges		--		--		2		1
Income tax expense on operations		(62)		(47)		(189)		(180)
Operating income		134		108		391		372
Realized capital gains and losses, after-tax		142		(25)		207		(360)
Valuation changes on embedded derivatives that are not hedged, after-tax		(4)		--		1		--
DAC and DSI (amortization) accretion related to realized capital gains and losses and valuation changes on embedded derivatives that are not hedged, after-tax		(78)		7		(109)		9
DAC and DSI unlocking related to realized capital gains and losses, after-tax		--		--		1		(18)
Reclassification of periodic settlements and accruals on non-hedge financial instruments, after-tax		(12)		(7)		(35)		(25)
Gain (loss) on disposition of operations, after-tax		1		2		(10)		4
Allstate Financial net income (loss)		183		85		446		(18)
Corporate and Other
Service fees (1)		1		2		5		8
Net investment income		14		14		44		45
Operating costs and expenses (1)		(117)		(97)		(310)		(301)
Income tax benefit on operations		31		31		94		96
Operating loss		(71)		(50)		(167)		(152)
Realized capital gains and losses, after-tax		13		1		15		8
Corporate and Other net loss		(58)		(49)		(152)		(144)
Consolidated net income	$	165	$	367	$	64	$	632

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(1)  For presentation in the Condensed Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.