The Allstate Corporation was incorporated under the laws of the State of Delaware on November 5, 1992 to serve as the holding company for Allstate Insurance Company. Its business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their subsidiaries.

Allstate is engaged, principally in the United States and Canada, in the personal property and casualty insurance business and the life insurance and savings business.

Allstate is the second largest personal property and casualty insurer in the United States on the basis of 1998 statutory premiums written and the nation's 17th largest life insurance business based on ordinary life insurance in force and 21st based on statutory admitted assets.

Allstate has three business segments:

1.  PERSONAL PROPERTY AND CASUALTY.

Allstate's personal property and casualty segment sells principally private passenger auto and homeowners insurance in the United States and other countries.

Allstate's life and savings segment markets a broad line of life insurance, savings products, group pension products and health and disability products.