Reinsurance News
The Dai-ichi Life Insurance Company
RGA announces JPY 150bn coinsurance transaction with Dai-ichi Life
3rd June 2025
Reinsurance Group of America (RGA), a global life and health reinsurer, has reached an agreement with The Dai-ichi Life Insurance Company for an RGA subsidiary to reinsure JPY 150 billion in statutory reserves through coinsurance. The transaction is effective March 31, 2025. Gaston Nossiter, Senior Vice President, Japan; Asia Pacific Financial Solutions, ... Read the full article
MS&AD to sell Challenger shares to TAL Dai-ichi Life Australia
8th April 2025
Japanese insurance group MS&AD Insurance Holdings, the parent of the Mitsui Sumitomo insurance entities, has agreed to sell all of its shares in Australian financial services company with annuities and fund management businesses, Challenger Limited, to TAL Dai-ichi Life Australia Pty Limited, a wholly-owned Australian subsidiary of Dai-ichi Life Holdings. As ... Read the full article
Prudential Financial and Dai-ichi Life partner on product distribution and asset management
24th January 2025
US insurance and investment firm, Prudential Financial Inc., and Japanese insurer Dai-ichi Life Holdings have entered into a strategic partnership focused on product distribution and asset management capabilities. The partnership includes a product distribution agreement in Japan, where Prudential would select Dai-ichi’s wholly owned subsidiary, The Neo First Life Insurance Company, ... Read the full article
Talcott Financial Group reveals its first flow reinsurance agreement in Japan
31st July 2024
Talcott Financial Group, an international life insurance company known for providing extensive risk solutions, has announced a flow reinsurance agreement involving its subsidiary, Talcott Life Re, Ltd., and The Dai-ichi Frontier Life Insurance Co., Ltd., a Japanese life insurance company. As part of the agreement, Talcott Life Re will reinsure Dai-ichi ... Read the full article
Dai-ichi Life Holdings to acquire Partners Life
12th August 2022
Japanese insurer Dai-ichi Life Holdings has acquired New Zealand firm Partners Life as a wholly owned subsidiary. Under the terms of the acquisition, Partners Life will become a part of the consolidated group of Dai-ichi Life Holdings. It currently has 268 employees, was established in August 2010, and has a premium income ... Read the full article
Japanese insurers buy into new World Bank bond
28th April 2022
A group of Japanese life insurance companies have invested in a new bond issued by the World Bank aimed at supporting a holistic approach to climate action. The eight-year, AUS $516m bond has a coupon due 26 April 2030. The Japanese insurers are Asahi Mutual Life Insurance Company, The Dai-ichi Life ... Read the full article
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