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Published on 1/11/2011 in the Prospect News Investment Grade Daily.

Fitch affirms Allstate

Fitch Ratings said it affirmed the A- issuer default rating of Allstate Corp.

The outlook is stable.

Financial leverage ratios have benefited from the growth in equity and debt-to-total capital was less than 24% at Sept. 30, ignoring equity credit to the company's $1 billion in subordinated debentures, according to the agency.


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