Reinsurance Group of America (RGA) has entered into an agreement with Dai-ichi Life for an RGA subsidiary to reinsure JPY150 billion (approximately USD 1.05 billion) of statutory reserves via a coinsurance arrangement. The transaction, effective March 31, 2025, builds on a successful partnership that began in 2020.
RGA, a global leader in reinsurance and pioneer of asset-intensive financial optimisation solutions in Asia since 1996, continues to deliver tailored capital optimisation and risk management strategies to insurers across the APAC region.
Gaston Nossiter, Senior Vice President for Japan and Asia Pacific Financial Solutions at RGA, highlighted that this deal further strengthens their commitment to the Asian insurance market by providing creative reinsurance solutions that enhance capital efficiency and risk management for clients.
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