Discontinued — last reported Q4 '22
Products & Services · Reserve for future policy benefits
Traditional Life Insurance — Reserve for future policy benefits
Allstate Traditional Life Insurance — Reserve for future policy benefits increased by 1.6% to $318.00M in Q4 2022 compared to the prior quarter.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ4 2022
Rolls up toFuture policy benefits
How to read this metric
An increase typically reflects growth in the underlying life insurance book of business or changes in actuarial assumptions regarding mortality and longevity. A decrease may indicate a shrinking portfolio or a shift in the product mix toward less capital-intensive offerings.
Detailed definition
This metric represents the actuarially determined liability set aside to cover future claims and benefits for traditiona...
Peer comparison
Peers in the life insurance sector report this as 'Future Policy Benefits' or 'Life Insurance Reserves' under GAAP or statutory accounting frameworks.
Metric ID:
all_segment_traditional_life_insurance_reserve_for_future_policy_benefitsHistorical Data
2 periods
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $313.00M | $318.00M |
| QoQ Change | — | +1.6% |
| YoY Change | — | +1.6% |
Range$313.00M – $318.00M
Avg YoY Growth+1.6%
Median YoY Growth+1.6%
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Frequently Asked Questions
- What is Allstate's traditional life insurance — reserve for future policy benefits?
- Allstate (ALL) reported traditional life insurance — reserve for future policy benefits of $318.00M in Q4 2022.
- What does traditional life insurance — reserve for future policy benefits mean?
- The total amount of money the company estimates it will need to pay out for future life insurance claims.