{"id":77041,"date":"2021-01-27T01:03:57","date_gmt":"2021-01-27T06:03:57","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77041"},"modified":"2021-01-27T01:03:57","modified_gmt":"2021-01-27T06:03:57","slug":"allstate-to-sell-most-of-its-life-insurance-business-to-blackstone-for-2-8-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2021\/allstate-to-sell-most-of-its-life-insurance-business-to-blackstone-for-2-8-billion.html","title":{"rendered":"Allstate to sell most of its life insurance business to Blackstone for $2.8 billion."},"content":{"rendered":"\n<p>(Reuters) The deal comes as global life insurers are taking steps to curb payouts stemming from the COVID-19 pandemic, including long-term health consequences that are not fully understood. In the United States, 8% of reported group life insurance claims from April to August attributed the cause of death to COVID-19<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/allstate-sale-blackstone-group\/update-1-allstate-to-sell-most-of-life-insurance-unit-to-blackstone-for-2-8-bln-idUSL4N2K14PM\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) The deal comes as global life insurers are taking steps to curb payouts stemming from the COVID-19 pandemic, including long-term health consequences that are not fully understood. In the United States, 8% of reported group life insurance claims from [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77041","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77041"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77041\/revisions"}],"predecessor-version":[{"id":77042,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77041\/revisions\/77042"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}