Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of business segments net income disclosures

A reconciliation of these measures to net income (loss) applicable to common shareholders is provided below.


Reportable segments financial performance
	Three months ended March 31,
($ in millions)	2022		2021
Underwriting income (loss) by segment
Allstate Protection	$	282	$	1,660
Run-off Property-Liability	(2)		(3)
Total Property-Liability	280		1,657

Adjusted net income (loss) by segment, after-tax
Protection Services	53		49
Allstate Health and Benefits	53		65
Corporate and Other	(111)		(123)

Reconciling items
Property-Liability net investment income	558		673
Net gains (losses) on investments and derivatives	(267)		426
Pension and other postretirement remeasurement gains (losses)	247		310

Business combination expenses and amortization of purchased intangibles (1)	(29)		(56)
Gain (loss) on disposition of operations	(16)		—
Income tax expense on reconciling items	(148)		(622)
Total reconciling items	345		731

Loss from discontinued operations	—		(4,163)
Income tax benefit from discontinued operations	—		370
Total from discontinued operations	$	—	$	(3,793)

Less: Net loss attributable to noncontrolling interest (2)	(10)		(6)

Net income (loss) applicable to common shareholders	$	630	$	(1,408)

(1)Excludes amortization of purchased intangibles in Property-Liability, which is included above in underwriting income.

(2)Reflects net loss attributable to noncontrolling interest in Property-Liability.

Schedule of business segments revenue disclosures


Reportable segments revenue information
($ in millions)	Three months ended March 31,
	2022		2021
Property-Liability
Insurance premiums
Auto	$	7,081	$	6,809
Homeowners	2,603		2,392
Other personal lines	531		505
Commercial lines	283		190
Allstate Protection	10,498		9,896
Run-off Property-Liability	—		—
Total Property-Liability insurance premiums	10,498		9,896
Other revenue	347		385
Net investment income	558		673
Net gains (losses) on investments and derivatives	(203)		404
Total Property-Liability	11,200		11,358

Protection Services
Protection plans	313		260
Roadside assistance	53		47
Finance and insurance products	117		104
Intersegment premiums and service fees (1)	41		41
Other revenue	94		90
Net investment income	9		10
Net gains (losses) on investments and derivatives	(13)		10
Total Protection Services	614		562

Allstate Health and Benefits
Employer voluntary benefits	266		263
Group health	94		83
Individual health	109		109
Other revenue	95		80
Net investment income	17		19
Net gains (losses) on investments and derivatives	(7)		2
Total Allstate Health and Benefits	574		556

Corporate and Other
Other revenue	24		—
Net investment income	10		6
Net gains (losses) on investments and derivatives	(44)		10
Total Corporate and Other	(10)		16

Intersegment eliminations (1)	(41)		(41)
Consolidated revenues	$	12,337	$	12,451

(1)Intersegment insurance premiums and service fees are primarily related to Arity and Allstate Roadside and are eliminated in the condensed consolidated financial statements.