Allstate now has turned out all the lights at its life-insurance business. The Northbrook-based insurance giant today announced a deal with Norwalk, Conn.-based Wilton Re to offload what remains of ...

It’s taken longer than a decade, but at last Allstate is essentially out of the life insurance business. The company's planned $2.8 billion sale to Blackstone Group of most of what remains of the unit ...

The Allstate Corporation has agreed to sell Allstate Life Insurance Company to entities managed by Blackstone for $2.8 billion, the company said in a news release. ALIC holds approximately 80% (or $23 ...

Northbrook-based insurance giant Allstate has agreed to sell its life insurance business to private equity firm Blackstone for $2.8 billion. The deal, expected to close in the second half 2021 pending ...

The Allstate Corporation ALL has inched a step closer in the process to sell its Allstate Life Insurance Company of New York (ALNY) to Wilton Re for approximately $400 million with the receipt of ...

Blackstone Group agreed to buy a life insurance business from Allstate for $2.8 billion as the private equity firm expands its foothold in the insurance industry. Entities managed by Blackstone will ...

The Allstate Corporation ALL has inched a step closer in the process to sell its Allstate Life Insurance Company of New York (ALNY) to Wilton Re for approximately $400 million with the receipt of ...

Private equity giant Blackstone BX-0.25%decrease; red down pointing triangle Group Inc. has agreed to buy Allstate ALL-0.65%decrease; red down pointing triangle Life Insurance Co. from Allstate Corp.

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