Allstate Corp. Insurance Group has a dominant presence in the homeowners', multiperil, and private-passenger auto markets. We are affirming our 'AA-' ratings on Allstate's rated subsidiaries and all our ratings on its hybrid securities. The stable outlook reflects the strength of the group's brand, operating performance, and capital adequacy levels. On July 31, 2019, S&P Global Ratings affirmed its 'AA-' insurer financial strength and long-term issuer credit ratings on the core subsidiaries of Allstate Corp. Insurance Group. The outlook is stable. At the same time, we are affirming the ratings on all hybrid securities and confirming all group statuses on core and highly strategic subsidiaries. The stable outlook on Allstate Corp. reflects our expectation that the company will balance its
