, Japan
202 views
/Louie Martinez from Unsplash

Talcott Financial enters reinsurance deal in Japan

It also expanded its APAC presence with a new appointment.

International life insurance group, Talcott Financial, announced its first reinsurance transaction in Japan

The deal involves its subsidiary, Talcott Life Re entering into a flow reinsurance agreement with The Dai-ichi Frontier Life Insurance.

Under the terms of the agreement, Talcott Life Re will provide reinsurance for Dai-ichi Frontier Life’s innovative new annuity product. 

Dai-ichi Frontier Life will continue to service and administer the policies, maintaining its role as the issuer of the contracts.

Since being acquired by Sixth Street in June 2021, Talcott has completed three flow reinsurance transactions and seven business transactions overall.

To bolster its presence in the region, Talcott has appointed Yasuhisa Watanabe as chief representative, Asia Pacific, effective 1 July. 

Watanabe brings over 30 years of experience in the insurance and financial services industry, including his previous role as Co-CEO and Chief Financial Officer of RGA Reinsurance Company’s Japan branch.

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Insurance
IFRC-DREF triggers insurance payout after disaster relief demands exceed threshold
The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold. 
Insurance