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  • Previous Rank293
  • Revenues ($M)$39,815.00
  • Revenue Percent Change3.4%
  • Profits ($M)$2,252.00
  • Profits Percent Change-29.4%
  • Assets ($M)$112,249.00
  • Employees45,420

Allstate had a rough 2018, as a series of natural disasters, from the California wildfires to Hurricane Michael, resulted in significant losses. Profits were down more than 29%, with the western wildfires alone resulting in $679 million in pre-tax losses. Exposure to losses like these has led the company to become an advocate for addressing climate change. Allstate has waded into the discussion on privacy, spending $525 million to acquire InfoArmor, which provides employee identity protection to more than 1 million workers at over 1,400 firms. And it’s working with Uber in select states, insuring trips for drivers as soon as they turn on the app to wait for a trip request.

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Company Information

CEO
Thomas J. Wilson
Sector
Financials
Industry
Insurance: Property and Casualty (Stock)
HQ Location
Northbrook, Ill.
Websitehttps://www.allstate.com
Years on Global 500 List24
Employees45,420

Allstate Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$39,815.003.4%
Profits ($M)$2,252.00-29.4%
Assets ($M)$112,249.00-
Total Stockholder Equity ($M)$21,312.00-

Profit Ratios

Profit as % of Revenues5.7%
Profits as % of Assets2%
Profits as % of Stockholder Equity10.6%