Company

The Allstate Corporation

Headquarters: Northbrook, IL, United States

Founded: April 17, 1931

Employees: 54,300

CEO: Mr. Thomas Joseph Wilson II

show_chart NYSE: ALL +1.46%

Market Cap

$41.54 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

The Allstate Corporation is an insurance company headquartered in Northfield Township, Illinois. Tracing its origins to 1931, Allstate Corporation has grown to become the largest publicly-traded property-casualty insurance in the US, offering individual auto and property insurance together with business and commercial insurance as well as an array of associated insurance products. Allstate operates 19 companies in the United States, United Kingdom, Canada, and India.

The Allstate Corporation market capitalization over time

Evolution of The Allstate Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of The Allstate Corporation

Detailed Description

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home and stand-alone scheduled personal property; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability offers property and casualty insurance. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois.

Wikipedia Introduction

The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993. The company also has personal lines insurance operations in Canada. Allstate is a large corporation, and with 2018 revenues of $39.8 billion it ranked 79th in the 2019 Fortune 500 list of the largest United States corporations by total revenue. Its current advertising campaign, in use since 2004, asks, "Are you in good hands?", leveraging its well-established prior ads showing a suburban-styled dwelling, cradled protectively in a pair of presumably giant human hands.

Source: Wikipedia, retrieved on Feb. 18, 2021, 3:53 p.m.

Stocks & Indices

The Allstate Corporation has the following listings and related stock indices.


Stock: NYSE: ALL

Stock: FSX: ALS

Stock: NYSE: ALL-B

Stock: NYSE: ALL-G

Stock: NYSE: ALL-H

Stock: NYSE: ALL-I

Stock: XETR: ALS

Product & Services

Auto, Home, Life, Motorcycle, Renters, Boat, Landlord, Condo, Off-road vehicle, & Business Insurance Retirement & Investment products Banking services

Key People

Thomas J. Wilson (Chairman, President, and CEO)

Financials

Revenue: US$44.675 billion (2019)

Operating income: US$6.089 billion (2019)

Net income: US$4.847 billion (2019)


Total assets: US$119.950 billion (2019)

Total equity: US$25.998 billion (2019)

Details

Headquarters:

2775 Sanders Road

Northbrook, IL 60062-6127

United States

Phone: 847-402-5000