Nationwide va acquérir l'activité d'assurance contre les pertes d'Allstate dans une transaction de 1,25 milliard de dollars.

On January 30, U.S. insurer Nationwide announced its plan to acquire Allstate Corp's employer stop-loss segment for $1.25 billion, aiming to expand its stop-loss insurance offering. The transaction is set to be finalized in the second half of 2025.

Stop-loss insurance provides companies with financial protection against substantial medical expenses incurred by employees in a single year.

Nationwide, based in Ohio, is a diverse insurance and financial services company offering various products such as auto, business, farm, and life insurance.

According to John Carter, President and COO of Nationwide Financial, Acquiring Allstate's employer stop-loss segment will enhance Nationwide Financial's portfolio, enabling us to cater to the needs of small businesses and broaden our customer base.

Allstate Corporation, specializing in insuring autos, homes, electronic devices, and identity theft, aims to gain a financial book benefit of approximately $450 million and bolster deployable capital by $900 million upon the deal's completion in 2025.

Financial advisers J.P. Morgan and Ardea Partners are facilitating the transaction.