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Lincoln Benefit Life Insurance Company
Allstate Corp. will sell its Lincoln Benefit Life Co. to Resolution Life Holdings Inc. for $600 million, essentially exiting the consumer segment served by independent life insurance and annuity agencies.
lincoln benefit life insurance company
A.M. Best Co. has placed under review with negative implications the financial strength rating of A+ (Superior) and issuer credit rating of “aa-” of Lincoln Benefit Life Company (LBL) (headquartered in Northbrook, ... Historically, LBL has operated as Allstate Financial`s independent agent marketing arm offering an array of life insurance and annuity products and reinsuring the vast majority of the business to Allstate Life Insurance Company (ALIC) (Northbrook, IL).
The Allstate Corporation (NYSE: ALL) today announced a definitive agreement to sell its Lincoln Benefit Life Company ("LBL") to Resolution Life Holdings, Inc. ("Resolution Life") for $600 million, thereby exiting the consumer segment served by ... Allstate will continue to service in-force LBL business sold through independent life insurance and annuity agencies for a 12- to 18-month transition period, after which this business will be administered by Resolution Life.
AP Images. Moody`s Investor Service (Moody`s) has downgraded the insurance financial strength of Lincoln Benefit Life Company (Lincoln) to Baa1 from A1. The downgrade is a result of last week`s announcement that Lincoln& ...
Allstate Corp. will sell its Lincoln Benefit Life Co. to Resolution Life Holdings Inc. for $600 million, essentially exiting the consumer segment served by independent life insurance and annuity agencies.
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