Allstate (ALL)

Consolidated

·                  Consolidated revenues were $7.3 billion in the third quarter of 2008 compared to $9.0 billion in the third quarter of 2007, reflecting net realized capital losses in the third quarter of 2008 compared to net realized capital gains in the third quarter of 2007.

·                  Operating loss per diluted share was $0.35 in the quarter compared to operating income per diluted share of $1.54 in the third quarter of 2007, reflecting higher catastrophe losses.  Catastrophe losses per diluted share, after-tax, were $2.19 and $0.38 in the third quarter of 2008 and 2007, respectively.

·                  Net loss per diluted share was $1.71 in the quarter compared to net income per diluted share of $1.70 in the third quarter of 2007, reflecting net realized capital losses in the third quarter of 2008 compared to net realized capital gains in the third quarter of 2007 and an operating loss in the third quarter of 2008 compared to operating income in the third quarter of 2007.

Consolidated

·        Consolidated revenues were $7.4 billion in the quarter, a decline from $9.5 billion from the second quarter of 2007, reflecting net realized capital losses in the current year quarter compared to net realized capital gains in the second quarter of 2007.

·        Operating income per diluted share was $1.24 in the quarter, a decline of $0.52 from $1.76 in the second quarter of 2007, reflecting higher catastrophe losses ($0.36 of the decline) and the effects of lower favorable prior year non-catastrophe reserve reestimates ($0.20 of the decline).

·        Net income per diluted share was $0.05 in the quarter, a decline from $2.30 in the second quarter of 2007, reflecting after-tax net realized capital losses in the current year quarter compared to after-tax net realized capital gains in the second quarter of 2007 ($1.78 decline, net of DAC) and lower operating income ($0.52 decline).

Consolidated

·                  Consolidated revenues were $8.1 billion in the quarter, a decline from $9.3 billion in the first quarter of 2007, reflecting net realized capital losses in the current year compared to net realized capital gains in the first quarter of 2007.

·                  Operating income per diluted share was $1.33 in the quarter, a decline from $1.93 in the first quarter of 2007, reflecting higher catastrophe losses, representing $0.48 of the decline, and the effects of lower favorable prior year non-catastrophe reserve reestimates representing $0.11 of the decline.

·                  Net income per diluted share was $0.62 in the quarter, a decline from $2.41 in the first quarter of 2007, reflecting after-tax net realized capital losses in the current year quarter compared to net realized capital gains in the first quarter of 2007, representing $1.25 of the decline, and lower operating income, representing $0.60 of the decline.