Allstate closes ALNY sale to Wilton Re for $400mn
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Allstate closes ALNY sale to Wilton Re for $400mn

Jairo Ibarra
October 05, 2021
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Aerial view of downtown Chicago

Allstate Corporation has closed the sale of Allstate Life Insurance Company of New York (ALNY) to Wilton Re for approximately $400mn after receiving all required regulatory approvals.

The carrier agreed to sell its remaining life business to Wilton Re last March after closing its purchase of National General for $4bn in January.

Mario

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Jairo Ibarra
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