Allstate 2012 Annual Report Download - page 118

The following table shows the unearned premium balance as of December 31 and the timeframe in which we expect
to recognize these premiums as earned.
% earned after
($ in millions)
2011 2010 90 days 180 days 270 days 360 days
Allstate brand:
Standard auto $ 4,120 $ 4,103 72.2% 97.3% 99.3% 100.0%
Non-standard auto 216 239 67.5% 93.9% 98.6% 100.0%
Homeowners 3,314 3,259 43.5% 75.6% 94.2% 100.0%
Other personal lines (1) 1,293 1,276 40.9% 69.2% 86.5% 92.9%
Total Allstate brand 8,943 8,877 57.0% 85.2% 95.6% 99.0%
Encompass brand:
Standard auto 311 327 43.6% 75.3% 94.1% 100.0%
Non-standard auto — 1 —% —% —% —%
Homeowners 202 206 43.6% 75.5% 94.1% 100.0%
Other personal lines (1) 47 47 43.8% 75.6% 94.2% 100.0%
Total Encompass brand 560 581 43.6% 75.4% 94.1% 100.0%
Esurance brand (2)
Standard auto 208 — 74.5% 99.1% 99.8% 100.0%
Allstate Protection unearned
premiums $ 9,711 $ 9,458 56.6% 84.9% 95.6% 99.1%
(1) Other personal lines include commercial, condominium, renters, involuntary auto and other personal lines.
(2) Esurance brand business was acquired on October 7, 2011.
A reconciliation of premiums written to premiums earned is shown in the following table.
($ in millions) 2011 2010 2009
Premiums written:
Allstate Protection $ 25,981 $ 25,906 $ 25,972
Discontinued Lines and Coverages (1) 1 (1)
Property-Liability premiums written 25,980 25,907 25,971
(Increase) decrease in unearned premiums (33) 19 200
Other (5) 31 23
Property-Liability premiums earned $ 25,942 $ 25,957 $ 26,194
Premiums earned:
Allstate Protection $ 25,942 $ 25,955 $ 26,195
Discontinued Lines and Coverages — 2 (1)
Property-Liability $ 25,942 $ 25,957 $ 26,194
Premiums written by brand are shown in the following table.
Esurance
($ in millions)
Allstate brand Encompass brand brand Allstate Protection
2011 2010 2009 2011 2010 2009 2011 2011 2010 2009
Standard auto $ 15,703 $ 15,842 $ 15,763 $ 604 $ 644 $ 800 $ 181 $ 16,488 $ 16,486 $ 16,563
Non-standard auto 775 883 927 1 6 22 — 776 889 949
Homeowners 5,893 5,753 5,635 362 357 408 — 6,255 6,110 6,043
Other personal lines 2,372 2,331 2,317 90 90 100 — 2,462 2,421 2,417
Total $ 24,743 $ 24,809 $ 24,642 $ 1,057 $ 1,097 $ 1,330 $ 181 $ 25,981 $ 25,906 $ 25,972
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