Japan Post Insurance Invests USD 2bn in Global Atlantic Vehicle
Japan Post Insurance, KKR, and Global Atlantic, a leading provider of retirement security and investment solutions, and a wholly-owned subsidiary of KKR, have entered into definitive agreements under which Japan Post Insurance will invest $2 billion (approx. JPY 300 billion) in a new vehicle sponsored by Global Atlantic.
Japan Post Insurance’s commitment is over 50% of the Vehicle, which is expected to have access to Global Atlantic’s insurance, reinsurance and strategic activity, and to commence operations in the first half of 2026, subject to customary regulatory approvals.
This transaction marks an additional investment by Japan Post Insurance in a vehicle sponsored by Global Atlantic and is a part of the strategic partnership that Japan Post Insurance, KKR, and Global Atlantic announced in June 2023. Both KKR and Global Atlantic’s track record of providing differentiated investment capabilities and insurance expertise to serve the international insurance market is expected to significantly advance Japan Post Insurance’s global growth strategy and further diversify its revenue sources.
This strategic partnership reinforces KKR and Global Atlantic's commitment to Japan, a core market where KKR has operated in for two decades, while advancing their global insurance strategy. The collaboration also enhances their ability to deliver tailored asset management and reinsurance solutions for insurance clients worldwide.
Building on Global Atlantic's strong track record in retirement security and investment solutions, Japan Post Insurance’s investment will support Global Atlantic's continued expansion across the U.S. and international markets to address growing retirement needs in rapidly aging populations globally.
Japan Post Insurance’s investment will be made over time. Japan Post Insurance expects that this investment will have minimal impact on its consolidated financial results for the fiscal year ending March 31, 2026. Japan Post Insurance will promptly make a market disclosure if it becomes clear that this investment will have an impact on its business performance.
Norbert Gehrke
