RGA and Dai-ichi Life sign $1b coinsurance deal
The effective date of the transaction is 31 March 2025.
Reinsurance Group of America (RGA) has agreed with Dai-ichi Life Insurance Company to reinsure $1b (¥150b) of statutory reserves through an RGA subsidiary.
The effective date of the transaction is 31 March 2025.
Since executing its first such transaction in Asia in 1996, RGA has implemented numerous coinsurance deals across the Asia-Pacific region.
($1 = ¥143.9)