And that will redeploy capital out of the lower growth in return businesses and reduces our exposure to interest rate risk. We executed agreements to sell Allstate Life Insurance Company and Allstate Life Insurance Company of New York, two separate deals there. So we closed on the acquisition of National General in January, enhancing our competitive position in the independent agent distribution.
#Starmoney app comdirect plus
Many of those things that we'll talk about on the right-hand side really a year or plus in the making, but you see it all coming together this quarter. And we made substantial progress in executing that this quarter. On the left, our strategy has two components, which is to increase personal property-liability market share and then secondly, to expand protection services, which are shown in those two ovals. Good morning, everybody, as we appreciate you making the time to follow up on Allstate and see how we're doing. Tom Wilson - Chair, President and Chief Executive Officer Allstate's results may differ materially from these statements so please refer to our 10-K for 2020 and other public documents for information on potential risks. As noted on the first slide of the presentation, our discussion will contain non-GAAP measures for which there are reconciliations in the news release and investor supplement and forward-looking statements about Allstate's operations.
Our management team is here to provide perspective on these results. Yesterday, following the market, we issued our news release, investor supplement and posted related materials on our website at.
After the prepared remarks, we will have a question-and-answer session. Welcome to Allstate's First Quarter 2021 Earnings Conference Call.