Total revenue of Allstate 2006-2023
In 2023, Allstate generated revenues of approximately 57.09 billion U.S. dollars. Allstate revenues have been trending upward since 2008, when an amount of 29.4 billion U.S. dollars was recorded.
Allstate: a background
Allstate is headquartered in Northbrook, Illinois, and is a publicly held insurance company. They offer homeowners insurance, auto insurance, and 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 was the second-largest homeowner insurance company in the U.S. in terms of direct premiums written, after State Farm Mutual Automobile Insurance in 2022. It was also one of the top private passenger auto insurers in the country and wrote direct premiums worth more than 29.61 billion U.S. dollars in 2022.
