<ARTICLE>                                           7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ALLSTATE
CORPORATION FINANCIAL STATEMENTS INCLUDED IN SUCH COMPANY'S ANNUAL REPORT FOR 
THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>        0000899051               
<NAME>       THE ALLSTATE CORPORATION                 
<MULTIPLIER>                                   1,000,000
<CURRENCY>                                     U.S. Dollars
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-START>                                 JAN-01-1998
<PERIOD-END>                                   DEC-31-1998
<EXCHANGE-RATE>                                1
<DEBT-HELD-FOR-SALE>                           53560
<DEBT-CARRYING-VALUE>                          0
<DEBT-MARKET-VALUE>                            53560
<EQUITIES>                                     6421
<MORTGAGE>                                     3458
<REAL-ESTATE>                                  0
<TOTAL-INVEST>                                 66525
<CASH>                                         258
<RECOVER-REINSURE>                             1932
<DEFERRED-ACQUISITION>                         3096
<TOTAL-ASSETS>                                 87691
<POLICY-LOSSES>                                24482
<UNEARNED-PREMIUMS>                            6425
<POLICY-OTHER>                                 0
<POLICY-HOLDER-FUNDS>                          21133
<NOTES-PAYABLE>                                1746
<PREFERRED-MANDATORY>                          750
<PREFERRED>                                    0
<COMMON>                                       9
<OTHER-SE>                                     17231
<TOTAL-LIABILITY-AND-EQUITY>                   87691
<PREMIUMS>                                     20826
<INVESTMENT-INCOME>                            3890
<INVESTMENT-GAINS>                             1163
<OTHER-INCOME>                                 0
<BENEFITS>                                     16016
<UNDERWRITING-AMORTIZATION>                    3021
<UNDERWRITING-OTHER>                           2184
<INCOME-PRETAX>                                4745
<INCOME-TAX>                                   1422
<INCOME-CONTINUING>                            3294
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   3294
<EPS-PRIMARY>                                  3.96
<EPS-DILUTED>                                  3.94
<RESERVE-OPEN>                                 0
<PROVISION-CURRENT>                            0
<PROVISION-PRIOR>                              0
<PAYMENTS-CURRENT>                             0
<PAYMENTS-PRIOR>                               0
<RESERVE-CLOSE>                                0
<CUMULATIVE-DEFICIENCY>                        0