UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: DECEMBER 31, 2007
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Check here if Amendment |_|; Amendment Number: __________
This Amendment (Check only one.): |_| is a restatement.
|_| adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: ALLSTATE LIFE INSURANCE COMPANY
Address: 3075 SANDERS ROAD, SUITE G4A
NORTHBROOK, IL. 60062-7127
Form 13F File Number: 28-01037
The institutional manager filing this report and the person by whom it is signed
hereby represent that the person signing the report is authorized to submit it,
that all information contained herein is true, correct and complete, and that it
is understood that all required items, statements, schedules, lists, and tables,
are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: PAUL SCHUTT
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Title: ASSISTANT VICE PRESIDENT INVESTMENT OPERATIONS
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Phone: 847-402-5169
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Signature, Place, and Date of Signing:
/s/ PAUL SCHUTT NORTHBROOK,IL. 02/11/2008
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[Signature] [City, State] [Date]
Report Type (Check only one.):
|x| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
|_| 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).).)
|_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: ONE
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Form 13F Information Table Entry Total: 58
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Form 13F Information Table Value Total: 414,261 (THOUSAND)
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List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
1 028-10298 ALLSTATE INVESTMENTS LLC
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FORM 13F REPORT
NAME OF REPORTING MANAGER: ALLSTATE LIFE INSURANCE COMPANY
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- ----------------------------- -------------- --------- -------- ----------- --- ---- ---------- -------- ---- ------ ----
REINSURANCE GROUP AMERICA INC COMMON 759351109 5,773 110,000 SH DEFINED 1 X
SCHERING-PLOUGH NON-REDEEM P/S 806605705 728 3,000 SH DEFINED 1 X
SVB FINANCIAL GROUP COMMON 78486Q101 3,528 70,000 SH DEFINED 1 X
TRAVELERS COMPANIES INC COMMON 89417E109 538 10,000 SH DEFINED 1 X
ALLERGAN INC 1.500000%
04/01/2026 DEBT 018490AL6 4,685 4,000,000 PRN DEFINED 1 X
ALZA CORP 0% 07/28/2020 DEBT 02261WAB5 5,956 6,500,000 PRN DEFINED 1 X
AMDOCS LIMITED .500000%
03/15/2024 DEBT 02342TAD1 7,876 7,750,000 PRN DEFINED 1 X
AMERICAN FINANCIAL GROUP
1.486100% 06/02/2033 DEBT 025932AD6 10,558 20,600,000 PRN DEFINED 1 X
AMGEN INC .375000% 02/01/2013 DEBT 031162AQ3 6,151 7,000,000 PRN DEFINED 1 X
BEST BUY 2.250000% 01/15/2022 DEBT 086516AF8 13,228 11,000,000 PRN DEFINED 1 X
BLACKROCK INC 2.625000%
02/15/2035 DEBT 09247XAB7 1,292 600,000 PRN DEFINED 1 X
BRISTOL-MYERS SQUIBB
2.510000% 09/15/2023 DEBT 110122AN8 15,539 15,500,000 PRN DEFINED 1 X
CAMERON INTL CORP 2.500000%
06/15/2026 DEBT 13342BAB1 13,090 8,500,000 PRN DEFINED 1 X
CARNIVAL CORP 1.132000%
04/29/2033 DEBT 143658AV4 9,588 14,500,000 PRN DEFINED 1 X
CARNIVAL CORP 2.000000%
04/15/2021 DEBT 143658AN2 5,844 5,000,000 PRN DEFINED 1 X
CENTERPOINT ENERGY INC
3.750000% 05/15/2023 DEBT 15189TAM9 12,490 8,150,000 PRN DEFINED 1 X
CIT GROUP INC REDEEMABLE P/S 125581405 660 875,000 SH DEFINED 1 X
COSTCO WHOLESALE CORP 0%
08/19/2017 DEBT 22160QAC6 507 320,000 PRN DEFINED 1 X
DANAHER CORP 0% 01/22/2021 DEBT 235851AF9 12,534 9,850,000 PRN DEFINED 1 X
DEVON ENERGY CORPORATION
4.900000% 08/15/2008 DEBT 25179MAA1 523 300,000 PRN DEFINED 1 X
DOMINION RESOURCES INC
2.125000% 12/15/2023 DEBT 25746UAT6 9,994 7,725,000 PRN DEFINED 1 X
EMC CORP 1.750000% 12/01/2013 DEBT 268648AM4 480 350,000 PRN DEFINED 1 X
FISHER SCIENTIFIC INTL
3.250000% 03/01/2024 DEBT 338032AX3 13,292 8,500,000 PRN DEFINED 1 X
FLUOR CORP 1.500000%
02/15/2024 DEBT 343412AA0 909 350,000 PRN DEFINED 1 X
GENZYME CORP 1.250000%
12/01/2023 DEBT 372917AN4 13,139 11,400,000 PRN DEFINED 1 X
HASBRO INC 2.750000%
12/01/2021 DEBT 418056AN7 7,232 5,700,000 PRN DEFINED 1 X
HCC INSURANCE HOLDINGS
1.300000% 04/01/2023 DEBT 404132AB8 8,898 6,825,000 PRN DEFINED 1 X
HEWLETT-PACKARD CO 0%
10/14/2017 DEBT 428236AC7 10,424 12,300,000 PRN DEFINED 1 X
INTEL CORP 2.950000%
12/15/2035 DEBT 458140AD2 6,580 6,100,000 PRN DEFINED 1 X
INTL GAME TECHNOLOGY
2.600000% 12/15/2036 DEBT 459902AP7 17,331 17,075,000 PRN DEFINED 1 X
IVAX CORP 4.500000%
05/15/2008 DEBT 465823AG7 3,128 3,000,000 PRN DEFINED 1 X
LABORATORY CORP AMERICA
HOLDINGS DEBT 50540RAG7 12,813 12,500,000 PRN DEFINED 1 X
LEHMAN BROTHERS HOLDINGS
..250000% 05/08/2010 DEBT 524908FN5 1,420 1,500,000 PRN DEFINED 1 X
LIBERTY MEDIA CORP .750000%
03/30/2023 DEBT 530718AF2 208 200,000 PRN DEFINED 1 X
LIBERTY MEDIA CORP 3.250000%
03/15/2031 DEBT 530715AR2 731 1,000,000 PRN DEFINED 1 X
LOCKHEED MARTIN CORP
3.018130% 08/15/2033 DEBT 539830AP4 12,485 8,500,000 PRN DEFINED 1 X
LOWE'S COMPANIES INC .861000%
10/19/2021 DEBT 548661CG0 11,655 12,950,000 PRN DEFINED 1 X
MEDTRONIC INC 1.625000%
04/15/2013 DEBT 585055AM8 7,473 7,000,000 PRN DEFINED 1 X
MERRILL LYNCH & CO 0%
03/13/2032 DEBT 590188W46 13,413 12,400,000 PRN DEFINED 1 X
MYLAN LABORATORIES INC
1.250000% 03/15/2012 DEBT 628530AG2 908 1,000,000 PRN DEFINED 1 X
NABORS INDUSTRIES INC
..940000% 05/15/2011 DEBT 629568AP1 7,520 8,000,000 PRN DEFINED 1 X
NEXTEL COMMUNIC DEBT 65332VAY9 13,118 13,250,000 PRN DEFINED 1 X
NORTHROP GRUMMAN CORP REDEEMABLE P/S 666807300 12,657 8,690,000 SH DEFINED 1 X
OMNICOM GROUP 0% 07/01/2038 DEBT 681919AT3 10,284 9,500,000 PRN DEFINED 1 X
PSS WORLD MEDICAL INC
2.250000% 03/15/2024 DEBT 69366AAB6 616 500,000 PRN DEFINED 1 X
RPM INTERNATIONAL INC.
1.389000% 05/13/2033 DEBT 749685AK9 6,962 11,900,000 PRN DEFINED 1 X
SANDISK CORP 1.000000%
05/15/2013 DEBT 80004CAC5 804 1,000,000 PRN DEFINED 1 X
SCHLUMBERGER LIMITED
2.125000% 06/01/2023 DEBT 806857AD0 988 400,000 PRN DEFINED 1 X
SELECTIVE INS GROUP 1.615500%
09/24/2032 DEBT 816300AB3 1,055 2,742,000 PRN DEFINED 1 X
ST JUDE MEDICAL INC 1.220000%
12/15/2008 DEBT 790849AD5 1,003 1,000,000 PRN DEFINED 1 X
TEVA PHARMACEUT FIN BV
1.750000% 02/01/2026 DEBT 88165FAA0 4,329 3,900,000 PRN DEFINED 1 X
TEVA PHARMACEUT FIN LLC
..250000% 02/01/2024 DEBT 88164RAB3 6,012 4,400,000 PRN DEFINED 1 X
TJX COMPANIES INC 0%
02/13/2021 DEBT 872540AL3 12,496 13,000,000 PRN DEFINED 1 X
TRANSOCEAN INC 1.500000%
12/15/2037 DEBT 893830AV1 2,178 2,000,000 PRN DEFINED 1 X
US BANCORP 3.605630%
02/06/2037 DEBT 902973AT3 8,446 8,500,000 PRN DEFINED 1 X
WALT DISNEY COMPANY 2.125000%
04/15/2023 DEBT 254687AU0 13,110 11,500,000 PRN DEFINED 1 X
WELLS FARGO COMPANY 4.898750%
05/01/2033 DEBT 949746FA4 13,685 13,750,000 PRN DEFINED 1 X
WYETH 2.390000% 01/15/2024 DEBT 983024AD2 15,404 14,600,000 PRN DEFINED 1 X
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"STOCK" 4 10,567 193,000
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DEBT 54 403,694 385,452,000
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REPORT TOTALS 58 414,261 385,645,000
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