Allstate (ALL)

Property-Liability reinsurance recoverable

       Total amounts recoverable from reinsurers at December 31, 2009 and 2008 were $2.21 billion and $2.35 billion, respectively, including $72 million and $78 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.14 billion and $2.27 billion, respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

       With the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Lloyd's of London and other industry pools and facilities, the largest reinsurance recoverable balance the Company had outstanding was $77 million and $81 million from Westport Insurance Corporation (formerly Employers' Reinsurance Company) at December 31, 2009 and 2008, respectively. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $37 million and $56 million at December 31, 2009 and 2008, respectively.

       At December 31, 2009 and 2008, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $32 million and $66 million, respectively, of reinsurance recoverable on the Texas excess catastrophe loss treaty. In 2009 and 2008, the recoverable balance was primarily related to losses incurred from Hurricane Ike which occurred in 2008. ATL cedes 100% of its business, net of reinsurance with external parties, to AIC.

       The allowance for uncollectible reinsurance was $142 million and $168 million at December 31, 2009 and 2008, respectively, and is related to the Company's Discontinued Lines and Coverages segment. In 2009 and 2008, there were $26 million and $17 million of net recoveries, respectively.

Property-Liability reinsurance recoverable

        Total amounts recoverable from reinsurers at December 31, 2008 and 2007 were $2.35 billion and $2.30 billion, respectively, including $78 million and $99 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.27 billion and $2.21 billion, respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

        With the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Lloyd's of London and other industry pools and facilities, as disclosed below, the largest reinsurance recoverable balance the Company had outstanding was $81 million and $90 million from Westport Insurance Corporation (formerly Employers' Reinsurance Company) at December 31, 2008 and 2007, respectively. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $56 million and $60 million at December 31, 2008 and 2007, respectively.

        At December 31, 2008 and 2007, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $66 million and $5 million, respectively, of reinsurance recoverable on the Texas excess catastrophe loss treaty. In 2008, the recoverable balance was primarily related to losses incurred from Hurricane Ike which occurred in 2008. In 2007, the recoverable balance was related to losses incurred from Hurricane Rita which occurred in 2005. ATL cedes 100% of its business, net of reinsurance with external parties, to AIC.

        The allowance for uncollectible reinsurance was $168 million and $185 million at December 31, 2008 and 2007, respectively, and is related to the Company's Discontinued Lines and Coverages segment. In 2008, there was $17 million of net recoveries. In 2007, there was $6 million of additions, $10 million of net recoveries and a reduction of $46 million related to Equitas Limited's improved financial condition. (For further discussion, see the "Asbestos, Environmental and Other" section below.)

191

Property-Liability reinsurance recoverable

        Total amounts recoverable from reinsurers at December 31, 2008 and 2007 were $2.35 billion and $2.30 billion,
respectively, including $78 million and $99 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.27 billion and
$2.21 billion, respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

        With
the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Lloyd's of London and other industry pools and facilities, as disclosed below,
the largest reinsurance recoverable balance the Company had outstanding was $81 million and $90 million from Westport Insurance Corporation (formerly Employers' Reinsurance Company) at
December 31, 2008 and 2007, respectively. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $56 million and $60 million at
December 31, 2008 and 2007, respectively.

        At
December 31, 2008 and 2007, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $66 million and $5 million, respectively, of
reinsurance recoverable on the Texas excess catastrophe loss treaty. In 2008, the recoverable balance was primarily related to losses incurred from Hurricane Ike which occurred in 2008. In 2007, the
recoverable balance was related to losses incurred from Hurricane Rita which occurred in 2005. ATL cedes 100% of its business, net of reinsurance with external parties, to AIC.

        The
allowance for uncollectible reinsurance was $168 million and $185 million at December 31, 2008 and 2007, respectively, and is related to the Company's
Discontinued Lines and Coverages segment. In 2008, there was $17 million of net recoveries. In 2007, there was $6 million of additions, $10 million of net recoveries and a
reduction of $46 million related to Equitas Limited's improved financial condition. (For further discussion, see the "Asbestos, Environmental and Other" section below.)

191

Property-Liability Reinsurance Recoverable

        Total amounts recoverable from reinsurers at December 31, 2007 and 2006 were $2.30 billion and $2.33 billion, respectively, including $99 million and $78 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.20 billion and $2.26 billion, respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

        With the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Lloyd's of London and other industry pools and facilities, as disclosed below, the largest reinsurance recoverable balance the Company had outstanding was $90 million and $85 million from Employers' Reinsurance Company at December 31, 2007 and 2006, respectively. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $60 million and $67 million at December 31, 2007 and 2006, respectively.

        At December 31, 2007 and 2006, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $5 million and $58 million, respectively, of reinsurance recoverable on the Texas excess catastrophe loss treaty related to losses incurred from Hurricane Rita that occurred in 2005. ATL cedes 100% of its business net of reinsurance with external parties to AIC.

188

        The allowance for uncollectible reinsurance was $185 million and $235 million at December 31, 2007 and 2006, respectively, and is related to the Company's Discontinued Lines and Coverages segment. In 2007, there were $6 million of additions, $10 million of net recoveries and a reduction of $46 million related to Equitas Limited's improved financial condition. In 2006, there was $32 million of additions and $10 million of net recoveries. (For further discussion, see the "Asbestos, Environmental and Other" section in Note 9.)

Property-Liability Reinsurance Recoverable

        Total amounts recoverable from reinsurers at December 31, 2007 and 2006 were $2.30 billion and $2.33 billion, respectively, including
$99 million and $78 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.20 billion and $2.26 billion,
respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

        With
the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Lloyd's of London and other industry pools and facilities, as disclosed below,
the largest reinsurance recoverable balance the Company had outstanding was $90 million and $85 million from Employers' Reinsurance Company at December 31, 2007 and 2006,
respectively. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $60 million and $67 million at December 31, 2007 and 2006,
respectively.

        At
December 31, 2007 and 2006, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $5 million and $58 million, respectively, of
reinsurance recoverable on the Texas excess catastrophe loss treaty related to losses incurred from Hurricane Rita that occurred in 2005. ATL cedes 100% of its business net of reinsurance with
external parties to AIC.

188

        The
allowance for uncollectible reinsurance was $185 million and $235 million at December 31, 2007 and 2006, respectively, and is related to the Company's
Discontinued Lines and Coverages segment. In 2007, there were $6 million of additions, $10 million of net recoveries and a reduction of $46 million related to Equitas Limited's
improved financial condition. In 2006, there was $32 million of additions and $10 million of net recoveries. (For further discussion, see the "Asbestos, Environmental and Other" section
in Note 9.)

Property-Liability Reinsurance Recoverable

        Total amounts recoverable from reinsurers at December 31, 2006 and 2005 were $2.33 billion and $3.37 billion, respectively, including $78 million and $185 million, respectively, related to property-liability losses paid by the Company and billed to reinsurers, and $2.26 billion and $3.19 billion, respectively, estimated by the Company with respect to ceded unpaid losses (including IBNR), which are not billable until the losses are paid.

        With the exception of the recoverable balances from the Michigan Catastrophic Claim Association ("MCCA"), Florida Hurricane Catastrophe Fund ("FHCF"), National Flood Insurance Program ("NFIP"), Lloyd's of London and other industry pools and facilities, as disclosed below, the largest reinsurance recoverable balance the Company had outstanding was $85 million and $91 million from Employers' Reinsurance Company at December 31, 2006 and 2005. No other amount due or estimated to be due from any single property-liability reinsurer was in excess of $67 million and $57 million at December 31, 2006 and 2005, respectively.

179

        At December 31, 2006 and 2005, Allstate Texas Lloyd's ("ATL"), a syndicate insurance company, had $58 million and $250 million, respectively, of reinsurance recoverable on the Texas excess catastrophe loss treaty related to losses incurred from Hurricane Rita. ATL cedes 100% of its business net of reinsurance with external parties to AIC.

        The allowance for uncollectible reinsurance was $235 million and $213 million at December 31, 2006 and 2005, respectively, and is related to the Company's Discontinued Lines and Coverages segment. There were $32 million of additions and $10 million of net recoveries in 2006, and $17 million of net recoveries in 2005.