Pacific Life Re has announced its third asset-intensive block reinsurance deal with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life).
Building on the success of transactions completed in 2024 and 2025, this deal covers in-force whole of life policies and will help Anshin Life reduce its portfolio’s long-term interest rate risk, while continuing to support and protect policyholders.
The deal will also contribute to the advancement of the insurance company’s asset-liability management capabilities.
Rupen Shah, managing director, Asia Pacific and individual retirement of savings & retirement, Pacific Life Re commented: "We’re delighted to announce this third block transaction with Anshin Life, reinforcing our long-standing partnership. Delivering these solutions in Japan underscores our long-term commitment to the market and remains a key part of our core business strategy. Through the transfer of Anshin Life’s risk to Pacific Life Re, their organisation is able to more efficiently manage and optimise their product portfolio, helping to achieve broader business objectives.”
