Allstate, Nationwide and stop-loss

Nationwide to acquire Allstate's stop-loss insurance business in $1.25 billion deal
U.S. insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp's employer stop-loss segment in a $1.25 billion deal, as it seeks to expand its stop-loss insurance offering.
Columbus-based Nationwide buying Allstate's stop-loss insurance segment for $1.25 billion
Stop-loss insurance serves as a financial safeguard for companies against large medical expenses incurred by an employee in any given year. Nationwide is a diversified insurance and financial services firm that provides a range of products,
Allstate to sell Group Health business to Nationwide
The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals.
Allstate to sell group health business to Nationwide for $1.25 billion
The Allstate Corporation has reached a definitive agreement to sell its group health business to Nationwide for $1.25 billion in cash, subject to adjustments based on the closing balance sheet and standard closing conditions, including regulatory approvals. The transaction is expected to close in 2025.
Allstate to Sell Group Health Business to Nationwide for $1.25 Billion Cash
Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase deployable capital by $900 million.
Nationwide to Acquire Allstate Employer Stop Loss Business for $1.25 billion
Nationwide, one of the largest providers of insurance and financial services products in the U.S., announced today that it has entered into a definitive agreement to purchase The Allstate Corporation's (NYSE: ALL) employer stop loss segment for $1.
Allstate to sell Group Health business to Nationwide for $1.25B in cash
Corporation announced a definitive agreement to sell its Group Health business to Nationwide for $1.25B in cash, adjusted
Nationwide to buy Allstate's stop loss segment for $1.25 billion
COLUMBUS, Ohio - Nationwide, a major player in the U.S. insurance and financial services sector, has announced the acquisition of The Allstate Corporation (NYSE:ALL)'s employer stop loss insurance segment for $1.
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