All state Insurance is publicly traded, so it must file standardized reports with the Securities and Exchange Commission.  The annual report to the SEC is known as the 10K.  Review the company’s 10K for 2021 and answer the following questions.  The answers should be in your own words – do not simply copy from the 10K.  Do your own work.  Do not copy from other students or share your work with others.  A comprehensive response will probably require 3-4 pages (single spaced). This exercise counts for 20% of your final grade. Take your time and do a good job.

This assignment is due Sunday 10/30 at 11:59 pm.  You can submit it as text or as an attached Word document.

When you cite financial results of the company, indicate where you found them (page #).

Allstate’s 10K:  https://www.allstateinvestors.com/static-files/e16e5a33-abc6-4544-b486-df19cbaf3db4

1.What kinds of insurance does the company sell?  Provide premium amounts and observations.
2.What delivery methods do they use? (agency/sales approaches) Discuss their strategy.
3.Identify and briefly describe three regulatory matters that are important to the company.
4.Identify and briefly describe three key competitive challenges they face.
5.Identify and briefly describe three insurance risks that are especially important to the company.
6.Briefly describe their concerns about financial market risks.
7.How much premium did they earn in 2021?
8.What was their Net Income in 2021 (after tax)?
9.Compare that net income to the prior two years – why might there be differences?
10.Bottom line – what is your opinion of the company and its outlook? Offer a justification for your answer.