Which Life and Annuity Deals Might Be Best for the Clients?
February 10, 2021 by Lawrence J. Rybka
In late January, there were three major transactions involving public companies announcing the sale of U.S. life insurers.
The first involved Allstate selling Allstate Life to Blackstone, at a loss of $3.1 billion. The second involved MassMutual acquiring two index annuity writers from American Financial, and the third involves a spinoff of Jackson National from Prudential of London.