Insurance
Mitsui Sumitomo Insurance, a subsidiary of MS&AD Insurance Group, has agreed to acquire an 18% equity interest in Barings, an asset management company and wholly owned subsidiary of Massachusetts Mutual Life Insurance (“MassMutual”), from MassMutual for a total investment of USD 1.44bn. Background of the Investment MS&
reinsurance
Athene, the leading retirement services company and subsidiary of Apollo Global Management, has announced that it intends to enter a block reinsurance transaction with Sony Life Insurance, a top-rated Japanese insurer. As part of this transaction, Athene will reinsure an in-force block of U.S. dollar denominated whole life insurance
life insurance
Resolution Life has closed a further reinsurance transaction in Japan, its first block transaction since the announcement of Nippon Life’s proposed acquisition of Resolution Life. Resolution Life has entered into a reinsurance agreement with Anshin Life, a domestic life insurance subsidiary of Tokio Marine Holdings, a global insurance holding
reinsurance
This "Standard Formula" podcast episode by Skadden delves into the intricate landscape of prudential insurance regulation in Japan, a topic gaining traction due to its significant impact on the burgeoning reinsurance market. As part of a year-long series exploring global solvency requirements, the discussion is anchored by Japan&
reinsurance
Fortitude Re (that is, FGH Parent LP together with its subsidiaries) announced the signing and closing of a $4 billion reinsurance transaction between its subsidiary, Fortitude International Reinsurance Company (FIRL) and Taiyo Life Insurance, a wholly owned subsidiary of T&D Holdings. Under the transaction Taiyo Life has reinsured