Did Allstate sell their life company?

Did Allstate sell their life company?

Allstate Corporation has closed the sale of its life and annuity business – Allstate Life Insurance Company (ALIC) – as well as certain other subsidiaries to entities operated by investment management company Blackstone. The transaction was first announced earlier this year. Nov 2, 2021

Does Blackstone own an insurance company?

The private-equity firm will pay $2.2 billion for a 9.9% stake of AIG’s life-insurance and retirement-services unit. Jul 14, 2021

Does Warren Buffett still own Dairy Queen?

Berkshire Hathaway has an amazing range of businesses under its umbrella. Buffett is a master at acquiring and running profitable businesses, from the company’s core insurance companies to Dairy Queen and furniture stores.

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