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You are here: Home / News / Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million

Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million

February 9, 2018 By CollisionWeek Editor

Allstate brand auto net written premiums up 4.2 percent on growth in average premium. Accident frequency declined in the quarter.

The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2017. In the fourth quarter, the company reported revenue of $9.843 billion, up 6.1 percent from $9.278 billion in the fourth quarter of 2016. For the full year, Allstate reported $38.524 billion, up 5.4 percent from $36.534 billion in 2016.

Adjusted net income for the quarter was $762 million, down 5.6 percent from $807 million in the fourth quarter of 2016. For the full year, Allstate reported

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Filed Under: News Tagged With: Allstate Insurance, Claim Frequency, Earnings

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