- ROE 10.2% v 25% y/y
- Property liability combined ratio was 84.1% v 84.1% y/y
- Now sees underlying combined ratio within 86.0-88 for the FY08 an improvement from the FY outlook of 87-89 provided in Jan

Other headlines for [ALL]

• HIG 11/12/2008 10:55pm
  The Hartford Financial Services Group Inc NYT reports various insurance firms such as Hartford and Lincoln Financial may not be eligible for TARP- The Treasury said that life insurers seeking capital under the TARP must be related to banks more...
  
• ALL 10/27/2008 04:11pm
  Allstate Corp Fitch cuts issuers default rating to A+ from AA-- Senior debt downgraded to 'A' from 'A+ - Trust preferred rating downgraded to 'A-' from 'A - Commercial paper was affirmed at 'F1 - The rating more...
  
• ALL 10/23/2008 08:10pm
  Allstate Corp Moody's cuts sr debt ratings to A2 from A1 and long-term IFS rating to Aa3 from Aa2; affirms Aa2 IFS rating and Prime-1-short-term rating for commercial paper; outlook negative- Moody's said that more...
  
• ALL 10/23/2008 09:57am
  Allstate Corp S&P revises outlook to negative
  
• ALL 10/23/2008 09:35am
  Allstate Corp CEO: Equity hedges are "way in the money" - conf call
  

Financials sector headlines

• DGICA Today 09:01am
  Donegal Group Acquires Sheboygan Falls Insurance Company for $12M- The acquisition consideration was approximately $12.0M, which includes a surplus contribution of $8.5M to support the future premium growth of more...
  
• SBIB Today 09:00am
  Sterling Bancshares Inc. Receives Preliminary Approval From U.S. Treasury to Participate in Capital Purchase Program- Estimates the addition of the new capital on a proforma basis would increase Tangible Capital Ratio from more...
  
• CME Today 09:00am
  Chicago Mercantile Exchange Holdings Inc Reports Nov volume of 10.5M contracts/day, -29% y/y- E-mini volume 3.8M contracts/day, +11% y/y - NYMEX volume 1.6M contracts/day, -3% y/y
  
• TAXI Today 08:51am
  Medallion Financial Corp Renews $250M credit facility- Renewed its commercial paper conduit facility agreement administered by Citicorp North America, Inc. for an additional 364 days. - The facility covers taxicab medallion more...
  
• UBNK Today 08:49am
  United Bank Authorizes 885K share buyback program (5% of float)- As of December 1, 2008 the Company had 17.7M common shares outstanding.