Allstate Financial Group Nov 08
- ID: 1823643
- November 2008
- Standard & Poors
Strong and diversified competitive position. Brand strength of Allstate. Strong affiliation and relationship with parent, Allstate Insurance Co., a leading property/casualty insurer. Strong operating performance, with diversified sources of revenue. An insurance market that is heavily influenced by cyclical trends in interest rates makes it challenging to further increase earnings. Competitive pressure resulting from a market that is not very suitable for product differentiation. The insurer financial strength ratings on Allstate Corp.'s life insurance operations (collectively referred to as Allstate Financial) reflect the breadth and depth of Allstate Financial's product and distribution capabilities as well as its strong brand-name recognition, extremely strong capitalization, and core position to its parent, Allstate Insurance Co. (AIC). Partially offsetting these strengths are the challenges...
Companies mentioned in this report are: Allstate Life Insurance Co.,Lincoln Benefit Life Co.,Surety Life Insurance Co.,Allstate Life Insurance Co. of New York,American Heritage Life Insurance Co.
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Research Type: Full Analysis