Insurance company sale by Allstate has reached closure

Allstate Insurance company

The sale of Lincoln Benefit Life to Resolution Life Holdings Inc. has now been closed. The Allstate Corporation has announced that it has completed the sale of its former insurance company, Lincoln Benefit Life, to Resolution Life Holdings, Inc. as a part of a strategic move forward by Allstate. This move was a part of a larger plan to focus on specific segments of the market. According to the president, chairman, and CEO of Allstate, Thomas J. Wilson, “This divestiture is another strategic step for Allstate to serve distinct consumer…

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