Allstate Life Insurance Company of New York to be sold to Wilton Re

Allstate Life Insurance Company of New York to be sold to Wilton Re

The Allstate Corporation, an Illinois-based insurance company, has agreed to sell Allstate Life Insurance Company of New York (ALNY) to Wilton Re for $220 million. The deal, along with the previously announced transaction to divest Allstate Life Insurance Company (ALIC) and some affiliates to entities managed by Blackstone, wraps up the exit of Allstate from […]