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Allstate Corp (ALL) Q1 2021 Earnings Call Transcript


Operator
Thank you for standing by, and welcome to the Allstate First Quarter 2021 Earnings Conference Call. [Operator Instructions]
And now I d like to introduce your host for today s program, Mark Nogal, Head of Investor Relations. Please go ahead, sir.
Mark Nogal
Investor Relations
Thank you, Jonathan. Good morning. Welcome to Allstate s First Quarter 2021 Earnings Conference Call. After the prepared remarks, we will have a question-and-answer session. Yesterday, following the market, we issued our news release, investor supplement and posted related materials on our website at allstateinvestors.com. Our management team is here to provide perspective on these results. As noted on the first slide of the presentation, our discussion will contain non-GAAP measures for which there are reconciliations in the news release and investor supplement and forward-looking statements about Allstate s operations. Allstate s results may differ materially from these state ....

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Investegate |AIM Announcements | AIM: Schedule One


 
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ( AIM RULES )
COMPANY NAME:
 
Kitwave Group plc
Narvik Way
www.kitwave.co.uk
 
COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:
The Group is an independent, delivered wholesale business with approximately 1,100 employees and a network of 26 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to approximately 38,000, mainly independent, customers. Currently, the Group sells a broa ....

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Allstate Q1 Revenue Soars 26% on National General, Premium Gains


Allstate Q1 Revenue Soars 26% on National General, Premium Gains
May 6, 2021
Allstate reported an overall $1.4 billion net loss in the first quarter due to the sales of its life and annuity businesses, compared to net income of $513 million in the first quarter of 2020.
However, net income adjusted to exclude the subsidiary transactions was $1.9 billion, up 55% from the $1.2 billion in the first quarter in 2020, reflecting increased underwriting income and higher net investment income.
Total revenues reached $12.5 billion in the first quarter, an increase of 26.2% compared to the prior year quarter, primarily reflecting the $4 billion acquisition of National General that closed in early January. Higher earned premiums from Protection Services and net realized capital gains also contributed to revenue growth in the quarter. ....

Tom Wilson , Protection Services , Allstate Life Insurance Company Of New York , National General , Allstate Corp , Allstate Life Insurance Co , Allstate Life Insurance , Allstate Life Insurance Company , New York , Allstate Protection Plans , டோம் வில்சன் , ப்ரொடெக்ஶந் சேவைகள் , ஆல்ஸ்டேட் வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் புதியது யார்க் , தேசிய ஜநரல் , ஆல்ஸ்டேட் கார்ப் , ஆல்ஸ்டேட் வாழ்க்கை காப்பீடு இணை , ஆல்ஸ்டேட் வாழ்க்கை காப்பீடு , ஆல்ஸ்டேட் வாழ்க்கை காப்பீடு நிறுவனம் , புதியது யார்க் , ஆல்ஸ்டேட் ப்ரொடெக்ஶந் திட்டங்கள் ,