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Reportable Segments
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reportable Segments
Note 4
Reportable Segments
Reportable segments revenue information
 
 
 
 
($ in millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
2018
 
2017
 
2018
 
2017
Property-Liability
 
 

 
 

 
 

 
 

Insurance premiums
 
 

 
 

 
 

 
 

Auto
 
$
5,798

 
$
5,501

 
$
17,094

 
$
16,327

Homeowners
 
1,891

 
1,832

 
5,603

 
5,462

Other personal lines
 
455

 
439

 
1,354

 
1,306

Commercial lines
 
176

 
124

 
477

 
367

Allstate Protection
 
8,320

 
7,896

 
24,528

 
23,462

Discontinued Lines and Coverages
 

 

 

 

Total property-liability insurance premiums
 
8,320

 
7,896

 
24,528

 
23,462

Other revenue
 
192

 
185

 
550

 
533

Net investment income
 
410

 
368

 
1,100

 
1,063

Realized capital gains and losses
 
126

 
82

 
16

 
302

Total Property-Liability
 
9,048

 
8,531

 
26,194

 
25,360

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 

 
 

Consumer product protection plans
 
125

 
78

 
369

 
207

Roadside assistance
 
66

 
69

 
198

 
204

Finance and insurance products
 
84

 
78

 
246

 
225

Intersegment premiums and service fees (1)
 
31

 
26

 
89

 
82

Other revenue
 
16

 
17

 
48

 
50

Net investment income
 
7

 
4

 
18

 
11

Realized capital gains and losses
 

 

 
(6
)
 

Total Service Businesses
 
329

 
272

 
962

 
779

 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
149

 
141

 
443

 
420

Accident and health insurance premiums
 

 

 
1

 
1

Interest-sensitive life insurance contract charges
 
173

 
175

 
531

 
535

Other revenue
 
30

 
26

 
84

 
81

Net investment income
 
128

 
119

 
380

 
362

Realized capital gains and losses
 
(3
)
 
2

 
(9
)
 
4

Total Allstate Life
 
477

 
463

 
1,430

 
1,403

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
13

 
12

 
32

 
30

Accident and health insurance premiums
 
246

 
232

 
739

 
696

Interest-sensitive life insurance contract charges
 
26

 
29

 
83

 
85

Net investment income
 
19

 
18

 
57

 
54

Realized capital gains and losses
 
2

 
1

 

 
1

Total Allstate Benefits
 
306

 
292

 
911

 
866

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Fixed annuities contract charges
 
5

 
4

 
11

 
10

Net investment income
 
260

 
324

 
843

 
967

Realized capital gains and losses
 
51

 
18

 
28

 
11

Total Allstate Annuities
 
316

 
346

 
882

 
988

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 

 
 

 
 

 
 

Net investment income
 
20

 
10

 
56

 
31

Realized capital gains and losses
 

 

 
(12
)
 

 
 
 
 
 
 
 
 
 
Total Corporate and Other
 
20

 
10

 
44

 
31

Intersegment eliminations (1)
 
(31
)
 
(26
)
 
(89
)
 
(82
)
Consolidated revenues
 
$
10,465

 
$
9,888

 
$
30,334

 
$
29,345


(1) Intersegment insurance premiums and service fees are primarily related to Arity and Allstate Roadside Services and are eliminated in the condensed consolidated financial statements.
Reportable segments financial performance
 
 
 
 
 
 
Three months ended September 30,
 
Nine months ended September 30,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Property-Liability
 
 
 
 
 
 
 
 
Allstate Protection
 
$
553

 
$
572

 
$
1,934

 
$
1,392

Discontinued Lines and Coverages
 
(80
)
 
(88
)
 
(86
)
 
(95
)
Total underwriting income
 
473

 
484

 
1,848

 
1,297

Net investment income
 
410

 
368

 
1,100

 
1,063

Income tax expense on operations
 
(178
)
 
(271
)
 
(603
)
 
(746
)
Realized capital gains and losses, after-tax
 
103

 
54

 
16

 
199

Gain on disposition of operations, after-tax
 

 
1

 

 
7

Tax Legislation expense
 
(3
)
 

 
(3
)
 

Property-Liability net income applicable to common shareholders
 
805

 
636

 
2,358

 
1,820

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 
 
 
Adjusted net income (loss)
 

 
(17
)
 
(4
)
 
(35
)
Realized capital gains and losses, after-tax
 
(1
)
 

 
(5
)
 

Amortization of purchased intangible assets, after-tax
 
(16
)
 
(15
)
 
(48
)
 
(45
)
Tax Legislation expense
 
(4
)
 

 
(4
)
 

Service Businesses net loss applicable to common shareholders
 
(21
)
 
(32
)
 
(61
)
 
(80
)
 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Adjusted net income
 
74

 
74

 
221

 
196

Realized capital gains and losses, after-tax
 
(3
)
 
1

 
(7
)
 
2

DAC and DSI amortization related to realized capital gains and losses, after-tax
 
(1
)
 
(2
)
 
(6
)
 
(8
)
Tax Legislation expense
 
(16
)
 

 
(16
)
 

Allstate Life net income applicable to common shareholders
 
54

 
73

 
192

 
190

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Adjusted net income
 
32

 
28

 
94

 
75

Realized capital gains and losses, after-tax
 
2

 
1

 

 
1

Allstate Benefits net income applicable to common shareholders
 
34

 
29

 
94

 
76

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Adjusted net income
 
20

 
55

 
99

 
149

Realized capital gains and losses, after-tax
 
40

 
11

 
22

 
6

Valuation changes on embedded derivatives not hedged, after-tax
 
1

 
(1
)
 
5

 
(2
)
Gain on disposition of operations, after-tax
 
1

 
1

 
3

 
3

Tax Legislation benefit
 
69

 

 
69

 

Allstate Annuities net income applicable to common shareholders
 
131

 
66

 
198

 
156

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 
 
 
 
 
 
 
Adjusted net loss
 
(155
)
 
(134
)
 
(340
)
 
(295
)
Realized capital gains and losses, after-tax
 

 

 
(10
)
 

Business combination expenses, after-tax
 

 
(1
)
 

 
(14
)
Tax Legislation expense
 
(15
)
 

 
(15
)
 

Corporate and Other net loss applicable to common shareholders
 
(170
)
 
(135
)
 
(365
)
 
(309
)
 
 
 
 
 
 
 
 
 
Consolidated net income applicable to common shareholders
 
$
833

 
$
637

 
$
2,416

 
$
1,853