UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: SEPTEMBER 30, 2008
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
Title: ASSISTANT VICE PRESIDENT INVESTMENT OPERATIONS
Phone: 847-402-5169
Signature, Place, and Date of Signing:
/s/ PAUL SCHUTT NORTHBROOK,IL. 11/10/08
--------------------- ------------------------ ------------
[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
Form 13F Information Table Entry Total: 46
Form 13F Information Table Value Total: 287,255 (THOUSAND)
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
FORM 13F REPORT
NAME OF REPORTING MANAGER: ALLSTATE LIFE INSURANCE COMPANY
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ----------------------- -------- --------- -------- ------- --- ---- ------- --------- ------ ------- ------
AMERICAN FINANCIAL GROUP INC COMMON 025932104 295 10,000 SH DEFINED 1 X
KIMBERLY-CLARK COMMON 494368103 973 15,007 SH DEFINED 1 X
REINSURANCE GROUP AMERICA INC COMMON 759351406 4,860 90,000 SH DEFINED 1 X
TRAVELERS COMPANIES INC COMMON 89417E109 452 10,000 SH DEFINED 1 X
3M COMPANY 0% 11/21/2032 DEBT 88579YAB7 8,268 10,223,000 PRN DEFINED 1 X
ALLERGAN INC 1.500000%
04/01/2026 DEBT 018490AL6 5,693 5,500,000 PRN DEFINED 1 X
ALZA CORP 0% 07/28/2020 DEBT 02261WAB5 9,840 10,250,000 PRN DEFINED 1 X
AMDOCS LIMITED .500000%
03/15/2024 DEBT 02342TAD1 8,996 9,250,000 PRN DEFINED 1 X
AMGEN INC .375000% 02/01/2013 DEBT 031162AQ3 7,650 8,500,000 PRN DEFINED 1 X
ARCHER DANIELS .875000%
02/15/2014 DEBT 039483AW2 809 1,000,000 PRN DEFINED 1 X
AVNET INC 2.000000% 03/15/2034 DEBT 053807AL7 11,457 11,500,000 PRN DEFINED 1 X
BECKMAN COULTER INC 2.500000%
12/15/2036 DEBT 075811AD1 1,094 1,000,000 PRN DEFINED 1 X
BEST BUY 2.250000% 01/15/2022 DEBT 086516AF8 10,753 11,000,000 PRN DEFINED 1 X
CAMERON INTL CORP 2.500000%
06/15/2026 DEBT 13342BAB1 10,847 8,600,000 PRN DEFINED 1 X
CARNIVAL CORP 2.000000%
04/15/2021 DEBT 143658AN2 9,225 9,000,000 PRN DEFINED 1 X
CHESAPEAKE ENERGY CORP
2.250000% 12/15/2038 DEBT 165167CB1 1,031 1,500,000 PRN DEFINED 1 X
CMS ENERGY CORP 2.875000%
12/01/2024 DEBT 125896AW0 1,554 1,500,000 PRN DEFINED 1 X
COSTCO WHOLESALE CORP 0%
08/19/2017 DEBT 22160QAC6 472 320,000 PRN DEFINED 1 X
DANAHER CORP 0% 01/22/2021 DEBT 235851AF9 10,695 10,550,000 PRN DEFINED 1 X
DOMINION RESOURCES INC
2.125000% 12/15/2023 DEBT 25746UAT6 9,913 8,500,000 PRN DEFINED 1 X
EMC CORP 1.750000% 12/01/2013 DEBT 268648AM4 1,797 1,850,000 PRN DEFINED 1 X
FISHER SCIENTIFIC INTL
3.250000% 03/01/2024 DEBT 338032AX3 12,212 8,350,000 PRN DEFINED 1 X
FLUOR CORP 1.500000%
02/15/2024 DEBT 343412AA0 348 175,000 PRN DEFINED 1 X
GENZYME CORP 1.250000%
12/01/2023 DEBT 372917AN4 10,857 9,400,000 PRN DEFINED 1 X
HCC INSURANCE HOLDINGS
1.300000% 04/01/2023 DEBT 404132AB8 11,643 9,825,000 PRN DEFINED 1 X
HOLOGIC INC 2.000000%
12/15/2037 DEBT 436440AA9 738 1,000,000 PRN DEFINED 1 X
INTEL CORP 2.950000% 12/15/2035 DEBT 458140AD2 5,330 6,100,000 PRN DEFINED 1 X
INTL GAME TECHNOLOGY 2.600000%
12/15/2036 DEBT 459902AP7 16,596 17,750,000 PRN DEFINED 1 X
LABORATORY CORP AMERICA
HOLDINGS DEBT 50540RAG7 11,500 12,500,000 PRN DEFINED 1 X
LIBERTY MEDIA CORP 3.250000%
03/15/2031 DEBT 530715AR2 470 1,000,000 PRN DEFINED 1 X
LIBERTY MEDIA LLC 3.12500%
03/30/2023 DEBT 530718AF2 1,367 1,500,000 PRN DEFINED 1 X
MEDTRONIC INC 1.625000%
04/15/2013 DEBT 585055AM8 8,458 8,500,000 PRN DEFINED 1 X
MYLAN LABORATORIES INC
1.250000% 03/15/2012 DEBT 628530AG2 769 1,000,000 PRN DEFINED 1 X
NABORS INDUSTRIES INC .940000%
05/15/2011 DEBT 629568AP1 8,078 9,000,000 PRN DEFINED 1 X
OMNICOM GROUP DEBT 681919AK2 4,382 4,500,000 PRN DEFINED 1 X
OMNICOM GROUP INC 0% 07/01/2038 DEBT 681919AT3 8,657 9,500,000 PRN DEFINED 1 X
PRUDENTIAL FINANCIAL INC
2.940000% 12/12/2036 DEBT 744320AG7 6,850 7,000,000 PRN DEFINED 1 X
RAYONIER TRS HOLDINGS IN
3.750000% 10/15/2012 DEBT 75508AAB2 3,925 4,000,000 PRN DEFINED 1 X
SCHLUMBERGER LIMITED 2.125000%
06/01/2023 DEBT 806857AD0 392 200,000 PRN DEFINED 1 X
ST JUDE MEDICAL INC 1.220000%
12/15/2008 DEBT 790849AD5 1,985 2,000,000 PRN DEFINED 1 X
TEVA PHARMACEUT FIN BV
1.750000% 02/01/2026 DEBT 88165FAA0 8,260 7,400,000 PRN DEFINED 1 X
TEVA PHARMACEUT FIN LLC
.250000% 02/01/2024 DEBT 88164RAB3 3,591 2,700,000 PRN DEFINED 1 X
TJX COMPANIES INC 0%
02/13/2021 DEBT 872540AL3 10,175 10,150,000 PRN DEFINED 1 X
TRANSOCEAN INC 1.500000%
12/15/2037 DEBT 893830AV1 10,079 11,000,000 PRN DEFINED 1 X
US BANCORP 1.231250% 12/11/2035 DEBT 902973AM8 9,728 9,500,000 PRN DEFINED 1 X
WYETH 2.390000% 01/15/2024 DEBT 983024AD2 14,196 14,600,000 PRN DEFINED 1 X
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"STOCK" 4 6,580 125,007
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DEBT 42 280,675 278,693,000
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REPORT TOTALS 46 287,255 278,818,007
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