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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2016

Related Party Transactions [Abstract]

Schedule of notes due to related parties

Notes due to related parties outstanding as of December 31 consisted of the following:



($ in millions)	2016				2015
6.74% Surplus Note to Kennett, due 2029 ⁽¹⁾	$	25			$	25
3.24% Surplus Note to Kennett, due 2035⁽¹⁾	100				100
3.48% Surplus Note to Kennett, due 2036 ⁽¹⁾	100				100
5.93% Surplus Note to Kennett, due 2038⁽¹⁾	50				50
4.14% Surplus Note to Kennett, due 2036⁽¹⁾	50				—
3.25% Note to Allstate New Jersey Insurance Company, due 2034	77				—
3.25% Note to American Heritage Life Insurance Company, due 2034	37				—
3.25% Note to Allstate Assurance Company, due 2034	19				—
3.25% Note to First Colonial Insurance Company, due 2034	7				—
Total notes due to related parties	$	465			$	275

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⁽¹⁾	No payment of principal or interest is permitted on the surplus notes without the written approval from the proper regulatory authority. The regulatory authority could prohibit the payment of interest and principal on the surplus notes if certain statutory capital requirements are not met. Permission to pay interest on the surplus notes was granted in 2016, 2015 and 2014.

Investors in the notes were as follows:



($ in millions)
Class A Notes Due March 10, 2034
Allstate New Jersey Insurance Company	$	77
American Heritage Life Insurance Company	37
Allstate Assurance Company	19
First Colonial Insurance Company	7
Subtotal - Class A	140
Class B Deferrable Notes Due March 10, 2034
Allstate Life Insurance Company	140
Class C Deferrable Notes Due March 10, 2034
Allstate Life Insurance Company	110
Subordinated Notes Due March 10, 2034
Allstate Life Insurance Company	29
Total	$	419