Discontinued — last reported Q2 '23

Business Segments · Net Investment Income

Service Business — Net Investment Income

Allstate Service Business — Net Investment Income increased by 12.5% to $18.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $12.00M to $18.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ2 2023

How to read this metric

Higher income indicates a larger asset base or improved yields on investments, while lower income suggests a reduction in assets or a lower-interest-rate environment.

Detailed definition

This represents the interest, dividends, and other recurring income earned on the investment portfolio specifically allo...

Peer comparison

Standard investment income metric reported by insurance segments across the industry.

Metric ID: all_segment_service_business_net_investment_income

Historical Data

7 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23
Value$12.00M$10.00M$9.00M$12.00M$13.00M$16.00M$18.00M
QoQ Change-16.7%-10.0%+33.3%+8.3%+23.1%+12.5%
YoY Change+0.0%+30.0%+77.8%+50.0%
Range$9.00M$18.00M
CAGR+31.0%
Avg YoY Growth+39.4%
Median YoY Growth+40.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Allstate's service business — net investment income?
Allstate (ALL) reported service business — net investment income of $18.00M in Q2 2023.
How has Allstate's service business — net investment income changed year-over-year?
Allstate's service business — net investment income increased by 50.0% year-over-year, from $12.00M to $18.00M.
What does service business — net investment income mean?
Recurring income earned from the investment assets held by the Service Business segment.