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Global 500

Kristoffer Tripplaar—Sipa USA/AP Images

293

Allstate

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U.S.

CEO Tom Wilson, who has served as U.S. Chamber of Commerce chairman since June, encourages business leaders to focus on more than just profits, but certainly hasn’t neglected the numbers at Allstate. The company increased profits by 70% last year, bouncing back from particularly costly insurance claims in 2016. It brought in nearly $3.2 billion in 2017. Revenues rose more than 5% for the 87-year-old company in 2017, topping $38.5 billion.

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CEO

Thomas J. Wilson

Sector

Financials

Industry

Insurance: Property and Casualty (Stock)

HQ Location

Northbrook, Ill.

Years on Global 500 List

23

Employees

42,680

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$38,5245.4%
Profits ($M)$3,189.069.9%
Assets ($M)$112,422
Total Stockholder Equity ($M)$22,551
Profit Ratios
Profit as % of Revenues8.3%
Profits as % of Assets2.8%
Profits as % of Stockholder Equity14.1%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Allstate

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Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson.

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