SCHEDULE V - VALUATION ALLOWANCES AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2011

SCHEDULE V - VALUATION ALLOWANCES AND QUALIFYING ACCOUNTS

SCHEDULE V - VALUATION ALLOWANCES AND QUALIFYING ACCOUNTS

THE ALLSTATE CORPORATION AND SUBSIDIARIES
SCHEDULE V – VALUATION ALLOWANCES AND QUALIFYING ACCOUNTS

($ in millions)			Additions
Description	Balance at beginning of period		Charged to costs and expenses		Other additions		Deductions		Balance at end of period
Year ended December 31, 2011
Allowance for reinsurance recoverables	$	142	$	—	$	—	$	39	$	103
Allowance for premium installment receivable		75		82		—		87		70
Allowance for deferred tax assets		6		—		67		6		67
Allowance for estimated losses on mortgage loans		84		37		—		58		63
Year ended December 31, 2010
Allowance for reinsurance recoverables	$	142	$	—	$	—	$	—	$	142
Allowance for premium installment receivable		77		86		—		88		75
Allowance for deferred tax assets		11		—		—		5		6
Allowance for estimated losses on mortgage loans		95		65		—		76		84
Year ended December 31, 2009
Allowance for reinsurance recoverables	$	168	$	—	$	—	$	26	$	142
Allowance for premium installment receivable		70		125		—		118		77
Allowance for deferred tax assets		49		250		—		288		11
Allowance for estimated losses on mortgage loans		4		97		—		6		95