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 ...
Private equity firms are buying up insurers — and the policies they hold — at a feverish pace. Some groups, namely financial advisors, fear the trend may be bad for consumers who own annuity and life ...
ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. The ...
What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...
Converting life insurance to annuities is a financial strategy that involves transforming the death benefit of a life insurance policy into a stream of income through an annuity contract. This ...
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