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 ...

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 ...

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 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 ...

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.

The Allstate Corp. closed on the sale of Allstate Life Insurance Company of New York to Wilton Re for about $400 million. The Allstate Corp. ALL is set to exit its life and annuity businesses after ...

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 ...