Allstate Corporation

While the group is optimistic about the prospect of its motor business, it keeps a wary eye on its homeowners’ insurance portfolios, conducting continual reviews of the business to determine future profitability

Two thousand and four was a year of solid results for Allstate Corporation, the US based composite insurance group. The group, which mainly writes property/casualty (non-life) business, generated around 9% of its total $29.7bn gross premium income from its life insurance and savings division, Allstate Financial.