Allstate Corp-The
ALLCompany Overview
The Allstate Corp. engages in the property and casualty insurance business and the provision of protection solutions. It operates through following business segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines, and commercial insurance marketed under the Allstate, National General, and Answer Financial brand names. The Protection Services segment provides a range of products and services that expand and enhance customer value propositions including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, and Allstate Identity Protection. The Allstate Health and Benefits segment offers voluntary benefits and individual life and health products, including life, accident, critical illness, short term disability, and other health insurance products sold through independent agents, benefit brokers, and Allstate exclusive agencies. The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. The Corporate and Other segment includes the company's holding activities and certain non-insurance operations. The company was founded on April 17, 1931 and is headquartered in Northbrook, IL.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Allstate Corp-The |
| Ticker | ALL |
| Main Business | Insurance—Property & Casualty |
| Type | Common Stock |
| Industry | Insurance—Property & Casualty |
| Country | US |
| Market Cap | $37.07 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Property-Liability | $46,640.0 | $0.0 | - |
| Protection Services | $2,490.0 | $0.0 | - |
| Allstate Health and Benefits | $2,260.0 | $0.0 | - |
| Corporate and Other | $176.0 | $0.0 | - |
| Intersegment eliminations | $-149.0 | $0.0 | - |
| Interest income | $0.0 | $0.0 | - |
| Total | $51,417.0 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| long term debt and capital lease obligation non current | $7,940,000,000.0 | 21.42% |
| Total Interest-Bearing Debt | $7,940,000,000.0 | 21.42% |
| Market Capitalization | $37,066,704,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |