UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 11, 2003

ALLSTATE LIFE INSURANCE COMPANY
(Exact name of Registrant as Specified in Charter)

Illinois   0-31248   36-2554642
(State or other jurisdiction
of incorporation)
  (Commission File
Number)
  (IRS Employer Identification Number)
 
3100 Sanders Road,
Northbrook, Illinois
(Address of Principal Executive Offices)

 

60062
(Zip Code)

Registrant's telephone number, including area code (847) 402-5000




Item 5.    Other Events

        On June 11, 2003, Standard & Poor's Ratings Services revised its long-term counterparty and financial strength ratings on members of Allstate Financial to AA from AA+ and revised its ratings outlook to stable from negative.

        The following is a list of the rating changes.

 
  To
  From
Allstate Life Insurance Company        
  Counterparty credit rating   AA/Stable/A-1+   AA+/Negative/A-1+
  Financial strength rating   AA/A-1+   AA+/A-1+
American Heritage Life Insurance Company        
Allstate Life Insurance Company of New York        
Glenbrook Life and Annuity Company        
Lincoln Benefit Life Company        
Surety Life Insurance Company        
  Counterparty credit rating   AA/Stable/—   AA+/Negative/—
  Financial strength rating   AA   AA+
Allstate Life Funding LLC        
  Senior secured debt rating   AA   AA+
Allstate Financial Global Funding LLC        
  Senior secured debt rating   AA   AA+

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SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 

 

ALLSTATE LIFE INSURANCE COMPANY

 

 

By

 

/s/  
SAMUEL H. PILCH      
    Name:   Samuel H. Pilch
    Title:   Group Vice President and Controller

June 13, 2003

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