The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion. ALL initially announced its intention to divest this ...

In January 2025, Allstate inked a definitive deal to divest its Group Health business to Nationwide, which is likely to be completed by 2025 and expected to fetch cash proceeds of $1.25 billion.

Allstate is set to divest its Group Health business to Nationwide for $1.25 billon. This divesture is likely to boost deployable capital by $0.9 billion while adversely impacting the insurer's ROE ...

“Allstate acquired the Group Health business in 2021 as part of the $4.0 billion acquisition of National General. The sale is expected to generate a financial book gain of about $450 million, ...

Nationwide has completed its acquisition of The Allstate’s employer stop-loss segment, with the transaction closing at a ...

Insurance giant Allstate is selling its group health business to rival Nationwide for $1.25 billion in cash as part of its plan to focus on its core products such as property and casualty insurance.

WASHINGTON – Allstate has completed the divestiture of Lincoln Benefit Life, which included Allstate’s entire deferred fixed annuity and long-term care insurance businesses. Lincoln Benefit ...

The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of ...

The Allstate Corporation ALL recently closed the divestiture of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard). Plans to sell this business were disclosed by ...

Allstate is set to divest its Group Health business to Nationwide for $1.25 billon. This divesture is likely to boost deployable capital by $0.9 billion while adversely impacting the insurer's ROE ...

Allstate ALL1.66%increase; green up pointing triangle will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal ...