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, 2002
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 insttutional 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: DOUG WELCH
Title: ASSISTANT VICE PRESIDENT INVESTMENT OPERATIONS
Phone: 847-402-2170
Signature, Place, and Date of Signing:
/s/ Doug Welch NORTHBROOK, IL. 2/12/2003
--------------------- --------------------- -----------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
|X| 13F HOLDINGS REPORT. (Check here if all holdings of thius reporting
manager are reported in this report.)
|_| 13F NOTICE. (Check here if no holdings reported are in this report, and
all hgoldings 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: 184
------------------------
Form 13F Information Table Value Total: 1,144,667 (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
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ -------------- --------- -------- ------- --- ---- ------- ---------- ----- ------ ----
BAXTER INTL COMMON STOCK 071813109 868 31,000 SH DEFINED 1 X
COMCAST CLASS CLASS A SPECIAL COMMON STOCK 20030N200 768 34,000 SH DEFINED 1 X
EQUITY RESIDENTIAL SERIES G NON-REDEEM P/S 29476L859 2,440 100,000 SH DEFINED 1 X
FORD MOTOR CO CAP TR II REDEEMABLE P/S 345395206 9,681 237,000 SH DEFINED 1 X
GENERAL MOTORS SERIES A REDEEMABLE P/S 370442741 5,375 220,000 SH DEFINED 1 X
GENERAL MOTORS SERIES B REDEEMABLE P/S 370442733 13,583 588,000 SH DEFINED 1 X
NATIONAL AUSTRALIA BANK
7.875% CONVERTIB NON-REDEEM P/S 632525309 1,074 33,000 SH DEFINED 1 X
NEW VALLEY CORP. WARRANTS WARRANTS 649080116 1 16,800 SH DEFINED 1 X
OMNICOM GROUP COMMON STOCK 681919106 452 7,000 SH DEFINED 1 X
RADIO ONE INC COMMON STOCK 75040P405 192 13,300 SH DEFINED 1 X
SEALED AIR CORP., $2.00,
CONVERTIBLE NON-REDEEM P/S 81211K209 809 19,000 SH DEFINED 1 X
SIMON PROPERTY GROUP 6.5% PFD B NON-REDEEM P/S 828806406 4,650 50,000 SH DEFINED 1 X
TRAVELERS PPTY CASUALTY REDEEMABLE P/S 89420G307 5,576 249,500 SH DEFINED 1 X
3M CO DEBT 88579YAA9 3,202 3,750,000 PRN DEFINED 1 X
AFFILIATED COMPUTER SVCS INC DEBT 008190AF7 2,061 1,500,000 PRN DEFINED 1 X
AFFILIATED MANAGERS DEBT 008252AC2 3,092 3,450,000 PRN DEFINED 1 X
AGILENT TECH INC DEBT 00846UAA9 12,512 13,050,000 PRN DEFINED 1 X
AGILENT TECH INC DEBT 00846UAB7 8,701 9,075,000 PRN DEFINED 1 X
ALLERGAN INC DEBT 018490AD4 10,215 12,000,000 PRN DEFINED 1 X
ALZA CORP. DEBT 02261WAB5 9,563 12,300,000 PRN DEFINED 1 X
AMER INTL GROUP DEBT 026874AP2 24,527 38,175,000 PRN DEFINED 1 X
AMERICA ONLINE DEBT 02364JAC8 20,625 37,500,000 PRN DEFINED 1 X
AMGEN INC DEBT 031162AC4 27,941 37,950,000 PRN DEFINED 1 X
AMGEN INC DEBT 031162AE0 5,853 7,950,000 PRN DEFINED 1 X
ANADARKO PETROLEUM CORP DEBT 032511AP2 10,727 17,550,000 PRN DEFINED 1 X
ANALOG DEVICES DEBT 032654AC9 2,340 2,355,000 PRN DEFINED 1 X
ANALOG DEVICES DEBT 032654AD7 26,503 26,670,000 PRN DEFINED 1 X
AON CORP DEBT 037389AQ6 6,660 6,000,000 PRN DEFINED 1 X
APOGENT TECH DEBT 03760AAE1 10,339 10,050,000 PRN DEFINED 1 X
ATMI INC DEBT 00207RAC5 851 750,000 PRN DEFINED 1 X
AVIRON DEBT 053762AD2 893 900,000 PRN DEFINED 1 X
BARNES & NOBLE DEBT 067774AD1 1,118 1,200,000 PRN DEFINED 1 X
BAXTER INTL DEBT 071813AR0 9,801 9,900,000 PRN DEFINED 1 X
BEA SYSTEMS DEBT 073325AD4 1,493 1,650,000 PRN DEFINED 1 X
BEST BUY DEBT 086516AC5 2,033 3,000,000 PRN DEFINED 1 X
BEST BUY DEBT 086516AD3 6,606 9,750,000 PRN DEFINED 1 X
BEST BUY DEBT 086516AE1 1,074 1,275,000 PRN DEFINED 1 X
BEST BUY DEBT 086516AF8 1,580 1,875,000 PRN DEFINED 1 X
BISYS GROUP DEBT 055472AB0 1,127 1,200,000 PRN DEFINED 1 X
BJ SERVICES CO DEBT 055482AE3 5,518 6,750,000 PRN DEFINED 1 X
BROCADE COM SYS DEBT 111621AB4 736 1,050,000 PRN DEFINED 1 X
BROOKS AUTOMAT DEBT 11434AAB6 989 1,350,000 PRN DEFINED 1 X
BUNGE LTD FINAC DEBT 120568AD2 9,816 9,600,000 PRN DEFINED 1 X
BURR-BROWN CORP DEBT 122574AF3 10,690 10,650,000 PRN DEFINED 1 X
CARNIVAL CORP DEBT 143658AM4 629 600,000 PRN DEFINED 1 X
CARNIVAL CORP DEBT 143658AN2 7,542 7,200,000 PRN DEFINED 1 X
CARNIVAL CORP DEBT 143658AS1 15,626 27,000,000 PRN DEFINED 1 X
CELESTICA INC DEBT 15101QAA6 3,578 7,800,000 PRN DEFINED 1 X
CENDANT CORP DEBT 151313AF0 24,543 38,880,000 PRN DEFINED 1 X
CENDANT CORP DEBT 151313AN3 15,701 15,900,000 PRN DEFINED 1 X
CENTURYTEL INC DEBT 156700AE6 6,938 6,000,000 PRN DEFINED 1 X
CEPHALON INC DEBT 156708AD1 1,663 1,800,000 PRN DEFINED 1 X
CEPHALON INC DEBT 156708AE9 277 300,000 PRN DEFINED 1 X
CHIRON CORP DEBT 170040AE9 11,825 20,700,000 PRN DEFINED 1 X
CLEAR CHANNEL COMM., INC.,
CONVERTIBLE DEBT 184502AB8 12,357 12,450,000 PRN DEFINED 1 X
COMMUNI HEALTH S DEBT 203668AA6 1,036 1,050,000 PRN DEFINED 1 X
COMPUTER ASSOC DEBT 204912AN9 3,041 3,000,000 PRN DEFINED 1 X
COMPUTER ASSOC DEBT 204912AP4 6,874 7,050,000 PRN DEFINED 1 X
COMVERSE TECH. DEBT 205862AH8 1,640 1,950,000 PRN DEFINED 1 X
COSTCO DEBT 22160QAC6 7,126 10,290,000 PRN DEFINED 1 X
COX COMMUNICATION DEBT 224044AX5 8,531 18,750,000 PRN DEFINED 1 X
CSX CORP DEBT 126408GA5 15,452 18,450,000 PRN DEFINED 1 X
CYMER INC DEBT 232572AE7 1,029 1,050,000 PRN DEFINED 1 X
CYPRESS SEMICONDUCTOR DEBT 232806AE9 1,901 2,280,000 PRN DEFINED 1 X
DANAHER DEBT 235851AF9 3,222 4,800,000 PRN DEFINED 1 X
DANAHER CORP. DEBT 235851AD4 5,236 7,800,000 PRN DEFINED 1 X
DEVON ENERGY CORP DEBT 25179MAA1 4,667 4,650,000 PRN DEFINED 1 X
DIAMOND OFFSHORE DEBT 25271CAD4 12,600 13,770,000 PRN DEFINED 1 X
DIAMOND OFFSHORE DEBT 25271CAE2 4,804 5,250,000 PRN DEFINED 1 X
DOCUMENTUM INC DEBT 256159AA2 958 1,050,000 PRN DEFINED 1 X
DUANE READE INC DEBT 263578AB2 878 1,800,000 PRN DEFINED 1 X
ECHOSTAR COMM DEBT 278762AG4 3,515 3,900,000 PRN DEFINED 1 X
EDO CORP DEBT 281347AC8 771 750,000 PRN DEFINED 1 X
EL PASO CORP. DEBT 28336LAC3 698 2,250,000 PRN DEFINED 1 X
ELEC DATA SYSTEM DEBT 285661AB0 9,804 12,900,000 PRN DEFINED 1 X
EMULEX CORP DEBT 292475AB6 1,031 1,275,000 PRN DEFINED 1 X
ENZON INC DEBT 293904AB4 1,332 1,800,000 PRN DEFINED 1 X
FAIRCHILD SEMI DEBT 303727AH4 1,343 1,500,000 PRN DEFINED 1 X
FEI COMPANY DEBT 30241LAA7 731 900,000 PRN DEFINED 1 X
FEI COMPANY DEBT 30241LAB5 488 600,000 PRN DEFINED 1 X
FIRST DATA DEBT 319963AD6 13,838 12,300,000 PRN DEFINED 1 X
GAP INC DEBT 364760AH1 3,555 2,850,000 PRN DEFINED 1 X
GATX CORP DEBT 361448AB9 3,225 3,000,000 PRN DEFINED 1 X
GEN MILLS INC DEBT 370334AT1 28,031 39,000,000 PRN DEFINED 1 X
GENZYME CORP DEBT 372917AJ3 554 600,000 PRN DEFINED 1 X
GENZYME CORP DEBT 372917AK0 2,006 2,175,000 PRN DEFINED 1 X
GILEAD SCIENCES DEBT 375558AB9 681 450,000 PRN DEFINED 1 X
GILEAD SCIENCES DEBT 375558AC7 1,850 1,800,000 PRN DEFINED 1 X
GTECH HOLDINGS DEBT 400518AB2 1,913 1,500,000 PRN DEFINED 1 X
HARRIS CORP DEBT 413875AG0 7,880 7,950,000 PRN DEFINED 1 X
HARRIS CORP DEBT 413875AH8 1,190 1,200,000 PRN DEFINED 1 X
HASBRO INC DEBT 418056AN7 1,146 1,200,000 PRN DEFINED 1 X
HEWLETT PACKARD CO CONV DEBT 428236AC7 8,076 17,700,000 PRN DEFINED 1 X
HORACE MANN DEBT 440327AG9 4,061 9,000,000 PRN DEFINED 1 X
HUMAN GENOME DEBT 444903AF5 1,839 2,550,000 PRN DEFINED 1 X
IDEC PHARMACEUT DEBT 449370AC9 399 300,000 PRN DEFINED 1 X
IDEC PHARMACEUT DEBT 449370AD7 834 1,500,000 PRN DEFINED 1 X
IDEC PHARMACEUT DEBT 449370AE5 1,335 2,400,000 PRN DEFINED 1 X
INCO LTD CONV DEBT 453258AK1 5,691 5,670,000 PRN DEFINED 1 X
INTERNATIONAL RECTIFIER CORP DEBT 460254AD7 768 900,000 PRN DEFINED 1 X
INTERPUBLIC GROUP DEBT 460690AJ9 3,431 4,500,000 PRN DEFINED 1 X
INTERPUBLIC GRP DEBT 460690AP5 12,285 15,750,000 PRN DEFINED 1 X
INTERPUBLIC GRP DEBT 460690AQ3 468 600,000 PRN DEFINED 1 X
INTL PAPER CO DEBT 460146BM4 22,497 42,750,000 PRN DEFINED 1 X
INTL RECTIFIER DEBT 460254AE5 1,281 1,500,000 PRN DEFINED 1 X
INVITROGEN INC DEBT 46185RAC4 2,088 2,475,000 PRN DEFINED 1 X
INVITROGEN INC DEBT 46185RAD2 759 900,000 PRN DEFINED 1 X
IVAX CORP DEBT 465823AD4 7,599 8,550,000 PRN DEFINED 1 X
JABIL CIRCUIT DEBT 466313AA1 1,451 1,500,000 PRN DEFINED 1 X
JMH FINANCE LIMITED DEBT 46621WAA9 3,666 3,750,000 PRN DEFINED 1 X
JONES APPAREL DEBT 480081AD0 13,335 24,300,000 PRN DEFINED 1 X
KERR-MCGEE DEBT 492386AP2 17,102 15,780,000 PRN DEFINED 1 X
KING PHARM INC DEBT 495582AG3 1,350 1,500,000 PRN DEFINED 1 X
L-3 COMM HLDGS DEBT 502424AD6 2,186 1,950,000 PRN DEFINED 1 X
LABORATORY CORP OF AMERICA DEBT 50540RAB8 10,793 16,200,000 PRN DEFINED 1 X
LABORATORY CP DEBT 50540RAC6 5,996 9,000,000 PRN DEFINED 1 X
LAM RESEARCH DEBT 512807AD0 1,044 1,200,000 PRN DEFINED 1 X
LAM RESEARCH DEBT 512807AE8 522 600,000 PRN DEFINED 1 X
LAMAR ADVERTISING CO DEBT 512815AF8 1,285 1,275,000 PRN DEFINED 1 X
LEAR CORP DEBT 521865AF2 925 2,250,000 PRN DEFINED 1 X
LEAR CORP DEBT 521865AG0 617 1,500,000 PRN DEFINED 1 X
LEGG MASON DEBT 524901AE5 4,621 9,150,000 PRN DEFINED 1 X
LEGG MASON INC DEBT 524901AG0 3,030 6,000,000 PRN DEFINED 1 X
LENNOX INTERNATL DEBT 526107AA5 1,566 1,500,000 PRN DEFINED 1 X
LIBERTY MEDIA DEBT 530715AM3 3,848 6,000,000 PRN DEFINED 1 X
LIBERTY MEDIA DEBT 530715AN1 2,405 3,750,000 PRN DEFINED 1 X
LIBERTY MEDIA DEBT 530715AP6 12,375 13,200,000 PRN DEFINED 1 X
LIBERTY MEDIA DEBT 530715AR2 3,094 3,300,000 PRN DEFINED 1 X
LIBERTY MEDIA / AT&T CORP DEBT 530715AG6 7,354 13,650,000 PRN DEFINED 1 X
LIFEPOINT HOSP DEBT 53219LAE9 1,923 1,950,000 PRN DEFINED 1 X
LIGAND PHARMACEU DEBT 53220KAA6 1,152 1,050,000 PRN DEFINED 1 X
LOWES COMPANIES DEBT 548661CD7 9,746 13,215,000 PRN DEFINED 1 X
LOWES COMPANIES DEBT 548661CF2 8,850 12,000,000 PRN DEFINED 1 X
LSI LOGIC DEBT 502161AE2 801 900,000 PRN DEFINED 1 X
LSI LOGIC DEBT 502161AG7 3,056 3,750,000 PRN DEFINED 1 X
MASCO CORP DEBT 574599AW6 17,314 40,500,000 PRN DEFINED 1 X
MEDIACOM COMM. DEBT 58446KAA3 749 900,000 PRN DEFINED 1 X
MEDICIS PHARMACE DEBT 584690AA9 5,346 4,800,000 PRN DEFINED 1 X
MEDICIS PHARMACE DEBT 58470KAA2 3,341 3,000,000 PRN DEFINED 1 X
MEDTRONIC INC DEBT 585055AB2 33,625 32,100,000 PRN DEFINED 1 X
MERCURY INTERACTIVE DEBT 589405AB5 1,548 1,725,000 PRN DEFINED 1 X
MERRILL LYNCH DEBT 590188A73 57,912 59,550,000 PRN DEFINED 1 X
MORGAN STANLEY DEBT 617446GR4 6,600 7,500,000 PRN DEFINED 1 X
NABORS DEBT 629568AF3 8,522 13,500,000 PRN DEFINED 1 X
NAVISTAR FINL CP DEBT 638902AM8 1,142 1,500,000 PRN DEFINED 1 X
NETWORK ASSOC DEBT 64123LAB7 1,472 1,200,000 PRN DEFINED 1 X
NEXTEL COMMUNIC DEBT 65332VBC6 1,929 2,250,000 PRN DEFINED 1 X
OMNICOM GROUP DEBT 681919AK2 12,362 12,300,000 PRN DEFINED 1 X
OMNICOM GROUP DEBT 681919AM8 13,132 13,050,000 PRN DEFINED 1 X
PENNEY (JC) CO DEBT 708160BV7 1,759 1,650,000 PRN DEFINED 1 X
PMI GROUP INC DEBT 69344MAE1 5,611 5,250,000 PRN DEFINED 1 X
PRIDE INTL INC DEBT 74153QAB8 1,893 1,650,000 PRN DEFINED 1 X
PROVINCE HEALTHC DEBT 743977AE0 939 1,200,000 PRN DEFINED 1 X
RADIAN GROUP DEBT 750236AE1 4,590 4,500,000 PRN DEFINED 1 X
RF MICRO DEVICES DEBT 749941AB6 843 975,000 PRN DEFINED 1 X
ROCHE HLDGS/GENENTECH DEBT 771196AG7 23,382 32,475,000 PRN DEFINED 1 X
ROYAL CARIBBEAN DEBT 780153AM4 1,727 4,200,000 PRN DEFINED 1 X
SANMINA CORP DEBT 800907AB3 1,605 1,650,000 PRN DEFINED 1 X
SELECTIVE INS GP DEBT 816300AA5 2,498 6,000,000 PRN DEFINED 1 X
SHAW GROUP DEBT 820280AC9 1,889 3,300,000 PRN DEFINED 1 X
SPX CORP DEBT 784635AD6 3,321 5,400,000 PRN DEFINED 1 X
STARWOOD HOTELS DEBT 85590AAB0 12,090 23,250,000 PRN DEFINED 1 X
STMICROELECTRON DEBT 861012AB8 8,693 10,050,000 PRN DEFINED 1 X
SUPERVALU INC DEBT 868536AP8 7,236 25,500,000 PRN DEFINED 1 X
SYMANTEC CORP DEBT 871503AB4 1,268 900,000 PRN DEFINED 1 X
TERADYNE INC DEBT 880770AD4 941 1,050,000 PRN DEFINED 1 X
TEVA PHARM FIN DEBT 88164MAA6 5,834 5,550,000 PRN DEFINED 1 X
TEVA PHARMACEUT DEBT 88163VAB5 15,087 14,100,000 PRN DEFINED 1 X
THERMO INSTR SYS INC.,
CONVERTIBLE DEBT 883556AH5 16,294 16,500,000 PRN DEFINED 1 X
TRANSOCEAN SEDCO FOREX DEBT 893830AD1 15,986 17,400,000 PRN DEFINED 1 X
TYCO INT'L DEBT 902124AC0 2,579 3,600,000 PRN DEFINED 1 X
TYCO INTL GROUP DEBT 902118AW8 10,628 14,100,000 PRN DEFINED 1 X
UNITED PARCEL DEBT 911312AB2 9,858 9,300,000 PRN DEFINED 1 X
UNIV HEALTH SVCS DEBT 913903AL4 8,001 12,600,000 PRN DEFINED 1 X
VERITAS SOFTWARE DEBT 92343RAA1 2,225 2,625,000 PRN DEFINED 1 X
VERIZON GLOBAL DEBT 92344GAN6 6,237 10,800,000 PRN DEFINED 1 X
VERIZON GLOBAL DEBT 92344GAP1 23,259 40,275,000 PRN DEFINED 1 X
VISHAY INTERTECH DEBT 928298AD0 2,020 3,750,000 PRN DEFINED 1 X
WEBMD CORP DEBT 94769MAA3 604 525,000 PRN DEFINED 1 X
WORLD COLOR PRESS, INC.,
CONVERTIBLE DEBT 981443AA2 3,094 3,000,000 PRN DEFINED 1 X
XCEL ENERGY INC DEBT 98389BAA8 2,666 2,250,000 PRN DEFINED 1 X
XEROX DEBT 984121BB8 1,890 3,000,000 PRN DEFINED 1 X
XL CAPITAL LTD DEBT 98372PAB4 21,442 33,900,000 PRN DEFINED 1 X
YOUNG & RUBICAM DEBT 987425AC9 4,275 4,500,000 PRN DEFINED 1 X
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REPORT TOTALS 184 1,144,667
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