Allstate Corp (WBO:ALLS)
€ 196.9 -0.5 (-0.25%) Market Cap: 52.00 Bil Enterprise Value: 60.78 Bil PE Ratio: 13.43 PB Ratio: 2.91 GF Score: 70/100

Allstate Corp at Bank of America US Financials Conference Transcript

Feb 14, 2023 / 03:30PM GMT
Release Date Price: €126 (-0.79%)
Joshua David Shanker
BofA Securities, Research Division - MD

Okay. Welcome back to the Bank of America Financial Service Conference, you're in the insurance sleeve and it's a crowded room. Allstate is very popular. I can say we're really pleased. We have Tom Wilson, Chairman and CEO of Allstate here. This is your 27th year, Tom?

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

At Allstate, that sounds about right, yes. Been around the hoop a long time.

Joshua David Shanker
BofA Securities, Research Division - MD

And he's been CEO since 2007. A couple of things I just want to mention about Tom. He's been a very big public advocate for a broad [room] of society for people getting living wages and diversity in equity in this business. And Allstate has been pioneer of that movement. He chairs the Board of Trustees, the U.S. Chamber of Commerce Foundation. Under Tom's leadership, Allstate has significantly reduced its catastrophe exposure over the years, becoming improving ESG

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