Company Overview of Allstate Life Insurance Company
Allstate Life Insurance Company, together with its subsidiaries, provides life insurance, and voluntary accident and health insurance products. The company offers term, whole life, variable life, and interest-sensitive insurance products through agencies and financial specialists. It also provides workplace life, and voluntary accident and health insurance products, such as interest-sensitive and term life; disability income; and cancer, accident, and critical illness insurance products to middle market consumers through workplace enrolling independent agents. Allstate Life Insurance Company sells life insurance in the United States; and voluntary accident and health insurance in New York. T...
3100 Sanders Road
Northbrook, IL 60062
Founded in 1957
Key Executives for Allstate Life Insurance Company
Chief Executive Officer, Director and President of the Allstate Corporation
Chief Financial Officer, Vice President and Director
Senior Group Vice President, Controller and Director
Compensation as of Fiscal Year 2016.
Allstate Life Insurance Company Key Developments
Allstate Life Insurance Company Reports Consolidated Earnings Results for the Year Ended December 31, 2015
Feb 8 16
Allstate Life Insurance Company reported consolidated earnings results for the year ended December 31, 2015. For the period, the company's revenues were $3,422 million against $3,660 million a year ago. Income from operations before income tax expense was $862 million against $759 million a year ago. Net income was $561 million against $526 million a year ago. Operating income was $408 million against $481 million a year ago. Return on shareholder's equity was 9.1% against $8.5% a year ago.
Allstate Life Insurance Company Reports Consolidated Earnings Results for the Year Ended December 31, 2014
Feb 9 15
Allstate Life Insurance Company reported consolidated earnings results for the year ended December 31, 2014. For the period, the company reported premiums of $589 million against $613 million a year ago. Income from operations before income tax expense was $759 million against loss from operations before income tax expense of $19 million a year ago. Net income was $526 million against net loss of $38 million a year ago. Operating income was $481 million against $454 million a year ago. Return on shareholder's equity was 8.5% against negative return on shareholder's equity of 0.6%.
Allstate Life Insurance Company Appoints Matt Winter as Chief Executive Officer, Effective January 5, 2015
Dec 17 14
The Allstate Corporation announced organizational and leadership changes to align with its customer-focused strategy, improve operational effectiveness and leverage management talent. Matt Winter is being promoted to chief executive officer of Allstate Life Insurance Company, from his current role as president, Allstate Personal Lines. Winter retains responsibility for the Allstate branded property-casualty business and will integrate Allstate's life insurance operations into Allstate Personal Lines. He will continue to report to Wilson, who remains chairman and chief executive officer. Winter joined Allstate in 2009 as president and CEO of Allstate Financial and has held senior leadership positions with American International Group, Massachusetts Mutual Life and Connecticut Mutual Life Insurance Company, effective January 5, 2015.
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