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Reportable Segments (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of business segments revenue disclosures
Reportable segments revenue information
 
 
 
 
($ in millions)
 
Three months ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
Property-Liability
 
 

 
 

 
 

 
 

Insurance premiums
 
 

 
 

 
 

 
 

Auto
 
$
6,035

 
$
5,705

 
$
11,965

 
$
11,296

Homeowners
 
1,958

 
1,864

 
3,893

 
3,712

Other personal lines
 
462

 
455

 
921

 
899

Commercial lines
 
226

 
165

 
409

 
301

Allstate Protection
 
8,681

 
8,189

 
17,188

 
16,208

Discontinued Lines and Coverages
 

 

 

 

Total property-liability insurance premiums
 
8,681

 
8,189

 
17,188

 
16,208

Other revenue
 
190

 
184

 
366

 
358

Net investment income
 
471

 
353

 
762

 
690

Realized capital gains and losses
 
256

 
(15
)
 
753

 
(110
)
Total Property-Liability
 
9,598

 
8,711

 
19,069

 
17,146

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 

 
 

Consumer product protection plans
 
153

 
121

 
298

 
244

Roadside assistance
 
63

 
68

 
126

 
132

Finance and insurance products
 
89

 
82

 
176

 
162

Intersegment premiums and service fees (1)
 
33

 
29

 
66

 
58

Other revenue
 
48

 
16

 
95

 
32

Net investment income
 
10

 
6

 
19

 
11

Realized capital gains and losses
 
9

 
(2
)
 
17

 
(6
)
Total Service Businesses
 
405

 
320

 
797

 
633

 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
156

 
148

 
310

 
294

Accident and health insurance premiums
 
1

 
1

 
1

 
1

Interest-sensitive life insurance contract charges
 
176

 
177

 
359

 
358

Other revenue
 
33

 
28

 
60

 
54

Net investment income
 
125

 
130

 
252

 
252

Realized capital gains and losses
 
1

 
(3
)
 
(4
)
 
(6
)
Total Allstate Life
 
492

 
481

 
978

 
953

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
10

 
10

 
19

 
19

Accident and health insurance premiums
 
246

 
245

 
496

 
493

Interest-sensitive life insurance contract charges
 
28

 
28

 
57

 
57

Net investment income
 
21

 
19

 
40

 
38

Realized capital gains and losses
 
2

 

 
6

 
(2
)
Total Allstate Benefits
 
307

 
302

 
618

 
605

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Fixed annuities contract charges
 
4

 
3

 
7

 
6

Net investment income
 
296

 
293

 
486

 
583

Realized capital gains and losses
 
48

 
6

 
204

 
(23
)
Total Allstate Annuities
 
348

 
302

 
697

 
566

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 

 
 

 
 

 
 

Net investment income
 
19

 
23

 
31

 
36

Realized capital gains and losses
 
8

 
(11
)
 
10

 
(12
)
Total Corporate and Other
 
27

 
12

 
41

 
24

 
 
 
 
 
 
 
 
 
Intersegment eliminations (1)
 
(33
)
 
(29
)
 
(66
)
 
(58
)
Consolidated revenues
 
$
11,144

 
$
10,099

 
$
22,134

 
$
19,869


(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.
Schedule of business segments net income disclosures
Reportable segments financial performance
 
 
 
 
 
 
Three months ended June 30,
 
Six months ended June 30,
($ in millions)
 
2019
 
2018
 
2019
 
2018
Property-Liability
 
 
 
 
 
 
 
 
Allstate Protection
 
$
370

 
$
458

 
$
1,073

 
$
1,466

Discontinued Lines and Coverages
 
(3
)
 
(3
)
 
(6
)
 
(6
)
Total underwriting income
 
367

 
455

 
1,067

 
1,460

Net investment income
 
471

 
353

 
762

 
690

Income tax expense on operations
 
(179
)
 
(166
)
 
(381
)
 
(443
)
Realized capital gains and losses, after-tax
 
204

 
(12
)
 
597

 
(87
)
Property-Liability net income applicable to common shareholders
 
863

 
630

 
2,045

 
1,620

 
 
 
 
 
 
 
 
 
Service Businesses
 
 
 
 
 
 
 
 
Adjusted net income (loss)
 
16

 
2

 
27

 
(1
)
Realized capital gains and losses, after-tax
 
6

 
(1
)
 
13

 
(4
)
Amortization of purchased intangibles, after-tax
 
(25
)
 
(16
)
 
(49
)
 
(32
)
Impairment of purchased intangibles, after-tax
 
(43
)
 

 
(43
)
 

Service Businesses net loss applicable to common shareholders
 
(46
)
 
(15
)
 
(52
)
 
(37
)
 
 
 
 
 
 
 
 
 
Allstate Life
 
 
 
 
 
 
 
 
Adjusted net income
 
68

 
80

 
141

 
151

Realized capital gains and losses, after-tax
 

 
(2
)
 
(4
)
 
(4
)
DAC and DSI amortization related to realized capital gains and losses, after-tax
 
(1
)
 
(3
)
 
(3
)
 
(5
)
Allstate Life net income applicable to common shareholders
 
67

 
75

 
134

 
142

 
 
 
 
 
 
 
 
 
Allstate Benefits
 
 
 
 
 
 
 
 
Adjusted net income
 
37

 
36

 
68

 
65

Realized capital gains and losses, after-tax
 
2

 

 
5

 
(2
)
Allstate Benefits net income applicable to common shareholders
 
39

 
36

 
73

 
63

 
 
 
 
 
 
 
 
 
Allstate Annuities
 
 
 
 
 
 
 
 
Adjusted net income
 
52

 
44

 
27

 
79

Realized capital gains and losses, after-tax
 
37

 
5

 
161

 
(18
)
Valuation changes on embedded derivatives not hedged, after-tax
 
(2
)
 

 
(5
)
 
4

Gain on disposition of operations, after-tax
 
1

 
1

 
2

 
2

Allstate Annuities net income applicable to common shareholders
 
88

 
50

 
185

 
67

 
 
 
 
 
 
 
 
 
Corporate and Other
 
 
 
 
 
 
 
 
Adjusted net loss
 
(98
)
 
(95
)
 
(201
)
 
(185
)
Realized capital gains and losses, after-tax
 
7

 
(9
)
 
8

 
(10
)
Pension and other postretirement remeasurement gains and losses, after-tax
 
(99
)
 
6

 
(110
)
 
(5
)
Corporate and Other net loss applicable to common shareholders
 
(190
)
 
(98
)
 
(303
)
 
(200
)
 
 
 
 
 
 
 
 
 
Consolidated net income applicable to common shareholders
 
$
821

 
$
678

 
$
2,082

 
$
1,655