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ALL » Topics » Gain (loss) on disposition of operations, after-tax

This excerpt taken from the ALL 10-Q filed Oct 31, 2007.
Gain (loss) on disposition of operations, after-tax, changed by a favorable $3 million and $63 million in the third quarter and first nine months of 2007, respectively, compared to the same periods in the prior year. This improvement was due to the recognition in the prior year of losses relating to the disposition of substantially all of Allstate Financial’s variable annuity business.

 

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