Allstate Rides on Pricing Power & Protection Unit, But Risks Persist

Key Takeaways ALL delivers strong premium expansion via rate hikes, along with underwriting discipline.Allstate's investment income surged on higher yields, portfolio growth and performance-based returns.ALL's Protection Services revenues grew double digits, adding diversification and revenue potential.The Allstate Corporation (ALL) is well-positioned to sustain growth as disciplined pricing actions, steady premium expansion, an expanding Protection Services business and improving investment income strength ...