Report
Brett Horn
EUR 147.86 For Business Accounts Only

Allstate’s Q3 Shows Continuation of Recent Trends

Allstate produced a reasonable operating result in the third quarter, largely reflecting a continuation of recent trends. The company showed ongoing progress in its efforts to restore profitability in auto lines, although it still has a way to go. Homeowner lines reported good profitability, largely due to a favorable catastrophe environment. Results at Esurance continue to raise questions about the long-term path of this business, and the environment of low interest rates continues to pressure ...
Underlying
Allstate Corporation

Allstate is a holding company. Through its subsidiaries, the company is engaged in the property and casualty insurance business. The company's segments include: Allstate Protection, which provides private passenger auto, homeowners, other personal lines and commercial insurance; Service Businesses, which includes SquareTrade that provides consumer protection plans and related technical support; Allstate Life, which provides interest-sensitive and variable life insurance products, as well as distributes non-proprietary retirement products; and Allstate Benefits, which provides voluntary benefits products, including life, accident, critical illness, and other health insurance products.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brett Horn

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