Property & Casualty Insurance Premiums was Allstate’s largest product and service line in fiscal 2024, bringing in $676.66B of $771.13B (88%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Property & Casualty Insurance Premiums | $506.62B | — | $608.04B | $676.66B | |||||
| Auto | — | $356.58B | — | — | |||||
| Homeowners | — | $125.02B | — | — | |||||
| Life Insurance & Other | — | — | — | — | |||||
| Other Personal Lines | $24.92B | $25.91B | $28.64B | $33.88B | |||||
| Accident & Health Insurance Premiums And Contract Charges | $43.86B | $21.98B | $22.15B | $23.05B | |||||
| Accident & Health Insurance Premiums And Contract Charges (Net Of Reinsurance Ceded Of $38, $78 And $13) | — | — | — | — | |||||
| Accident & Health Insurance Premiums | — | — | — | — | |||||
| Accident & Health Insurance | $19.99B | $19.28B | $19.32B | $19.82B | |||||
| Commercial Lines | $9.92B | $13.48B | $9.73B | $7.31B | |||||
| Life Insurance Product Line | $2.02B | $2.70B | $2.83B | $3.23B | |||||
| Life Insurance | — | — | — | — | |||||
| Other Business Lines | $4.50B | $5.93B | $6.60B | $7.19B | |||||
| Total | $611.83B | $570.88B | $697.32B | $771.13B |
Allstate brought in $771.13B from its seven product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 10.6% from $697.32B in fiscal 2023. Property & Casualty Insurance Premiums was the largest at $676.66B (87.7%), ahead of Other Personal Lines at $33.88B (4.4%) and Accident & Health Insurance Premiums And Contract Charges at $23.05B (3.0%). The other four lines brought in $37.55B combined.
Compared with fiscal 2023, Other Personal Lines grew fastest, up 18.3% to $33.88B. Every line above 2% of revenue grew. From fiscal 2021 to 2024, combined revenue from these lines grew from $611.83B to $771.13B, a compound annual growth rate of 8.0%. Property & Casualty Insurance Premiums' share of the total rose from 82.8% to 87.7%.
Allstate stopped reporting Auto ($356.58B in fiscal 2022) and Homeowners ($125.02B in fiscal 2022) as separate lines.
Property Liability was Allstate’s largest segment in fiscal 2022, bringing in $552.82B of $554.78B (100%).
| Statement Business Segments | FY 2008 | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Property Liability | — | $466.18B | $600.07B | $552.82B | |||||||||||
| Property & Casualty | $464.54B | — | — | — | |||||||||||
| Property-Liability | — | — | — | — | |||||||||||
| Revenues | — | — | — | — | |||||||||||
| Total Revenues | — | — | — | — | |||||||||||
| Allstate Financial | — | — | — | — | |||||||||||
| Allstate Life | — | — | — | — | |||||||||||
| Protection Services | $19.79B | $23.06B | — | — | |||||||||||
| Allstate Annuities | — | — | — | — | |||||||||||
| Allstate Health & Benefits | $14.88B | $14.16B | — | — | |||||||||||
| Allstate Benefits | — | — | — | — | |||||||||||
| Service Businesses | — | — | — | — | |||||||||||
| Allstate Protection | — | — | $2.17B | $1.97B | |||||||||||
| Corporate & Other | $1.13B | $1.27B | — | — | |||||||||||
| Total | $500.34B | $504.67B | $602.24B | $554.78B |
Allstate brought in $554.78B from its two segments in fiscal 2022, the year ended December 31, 2022. That was down 7.9% from $602.24B in fiscal 2021. Property Liability was the largest at $552.82B (99.6%), ahead of Allstate Protection at $1.97B (0.4%).
Allstate began breaking out Property Liability in fiscal 2020 and Allstate Protection in fiscal 2021. Allstate stopped reporting Property & Casualty ($464.54B in fiscal 2019), Protection Services ($23.06B in fiscal 2020), Allstate Health & Benefits ($14.16B in fiscal 2020) and one other as separate segments.
Allstate (ALL) reports its revenue by product and service and by statement business segments. In fiscal 2024, Property & Casualty Insurance Premiums was its largest product and service line, bringing in $676.66B (87.7% of the total), followed by Other Personal Lines at $33.88B (4.4%).
Property & Casualty Insurance Premiums was Allstate's largest product and service line in fiscal 2024, bringing in $676.66B, or 87.7% of the $771.13B total across its seven product and service lines.
Property Liability was Allstate's largest segment in fiscal 2022, bringing in $552.82B, or 99.6% of the $554.78B total across its two segments.
Among Allstate's product and service lines that make up at least 2% of revenue, Other Personal Lines grew fastest in fiscal 2024, up 18.3% from $28.64B to $33.88B.
Every figure comes from Allstate's annual financial filings, as reported. Each line keeps the name Allstate gives it, and years follow its fiscal calendar.
Allstate's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.