Allstate Corp (NYSE:ALL)
$ 172.71 1.25 (0.73%) Market Cap: 45.58 Bil Enterprise Value: 54.67 Bil PE Ratio: 38.13 PB Ratio: 2.74 GF Score: 79/100

Allstate Corp at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 11, 2019 / 04:30PM GMT
Release Date Price: $109.59 (-1.04%)
Unidentified Analyst

Good morning. I'm delighted to have Tom Wilson, Chairman, President and CEO of Allstate with us today, the largest publicly traded personal lines insurer in the U.S. Tom will begin with some opening comments, then we'll turn it over to our fireside chat, and I hope to leave a few minutes at the end for questions from the audience. Tom?

Thomas Joseph Wilson
The Allstate Corporation - Chairman, President & CEO

Well, good morning. Thank you for investing time to understand why Allstate is a good investment. Joining me today is Mario Rizzo, who's our CFO; and Mark Nogal, who leads Investor Relations, of course.

Before we begin, this is our statement that says I'll be making a number of forward-looking statements. We don't necessarily use GAAP. If you have any specific questions, you can go to our website at allstate.com.

Let's begin with Allstate's strategy. So our strategy has 2 components to it, increase personal Property-Liability market share and expand into other protection products. If you start with that upper oval, the

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