Total revenue of Allstate 2006-2022
Allstate: a background
Allstate is headquartered in Northbrook, Illinois and is a publicly held insurance company. They offer homeowners insurance, auto insurance, life insurance as well as financial planning and investment services. The value of their earned premiums has been rising over the past decade, which matches the trend of their revenues. They were one of the largest property and casualty insurance companies in the world in terms of revenue in 2020.
Allstate’s market standing
Allstate is the second largest homeowner insurance company in the U.S. in terms of direct premiums written, after State Farm Mutual Automobile Insurance. They’re also one of the top private passenger auto insurers in the country and wrote direct premiums worth more than 27 billion U.S. dollars in 2021.