Wednesday, March 31, 2021

Allstate Completes Exit Of Life/Annuity Businesses With $220M Deal

Allstate Completes Exit Of Life/Annuity Businesses With $220M Deal

Allstate has agreed to a transaction in which Wilton Re will pay $220 million to acquire Allstate Life Insurance Company of New York. The transaction is expected to close in the second half of 2021, subject to regulatory approval and other closing conditions.


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