Allstate (ALL)

Financial assets and financial liabilities on a non-recurring basis

        Mortgage loans and other investments written-down to fair value in connection with recognizing other-than-temporary impairments are valued using valuation models that are widely accepted in the financial services industry. Inputs to the valuation models include non-market observable inputs such as credit spreads. Limited partnership interests written-down to fair value in connection with recognizing other-than-temporary impairments are valued using net asset values and other sources. At December 31, 2008, mortgage loans, limited partnership interests and other investments with a fair value of $301 million were included in the fair value hierarchy in Level 3 since they were subject to remeasurement at fair value at December 31, 2008.

Financial assets and financial liabilities on a non-recurring basis

        Mortgage loans and other investments written-down to fair value in connection with recognizing
other-than-temporary impairments are valued using valuation models that are widely accepted in the financial services industry. Inputs to the valuation models include
non-market observable inputs such as credit spreads. Limited partnership interests written-down to fair value in connection with recognizing other-than-temporary impairments are valued
using net asset values and other sources. At December 31, 2008, mortgage loans, limited partnership interests and other investments with a fair value of $301 million were included in the
fair value hierarchy in Level 3 since they were subject to remeasurement at fair value at December 31, 2008.