Allstate $1bn Esurance price ‘rich’ for online entry
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Allstate $1bn Esurance price ‘rich’ for online entry

23 May 2011
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

Barclays Capital analysts say Allstate's $1bn purchase of online insurance business Esurance and Answer Financial from White Mountains appears to be a "rich" price for a business that is making weak profits.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Analysis M&A May 2011/4
Gift this article