Allstate Unveils Strategy to Boost Market Share and Enhance Operating Performance
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Allstate Corporation outlined its strategy to boost market share and enhance operating performance, reporting a 15.4% total shareholder return and a 34.7% adjusted net income return on equity. The company aims to increase personal property-liability market share by leveraging its brand, expanding distribution channels, and enhancing product offerings. Efforts include reducing the adjusted expense ratio, implementing direct channel discounts, and improving pricing models. Allstate has expanded distribution through acquisitions and new product developments.
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