


Resolution Life has entered into a reinsurance agreement with Tokio Marine & Nichido Life Insurance Co. (Anshin Life).
Anshin Life is a domestic life insurance subsidiary of Tokio Marine Holdings, a global insurance holding company with a leading position in Japan's insurance industry.
The transaction covers an in-force portfolio of premium-paying and paid-up whole life policies and transfers materially all risks associated with these policies from Anshin Life to Resolution Life including interest rate risk, policyholder behaviour and mortality risk. Anshin Life will continue to service and administer the policies.
The transaction demonstrates the company’s ongoing commitment to delivering customised reinsurance solutions to Japanese life insurers and supporting the industry with the transition to the new J-ESR solvency regime.
"We are proud to partner with a respected institution such as Anshin Life on a transaction that demonstrates our ability to meet the evolving needs of life insurers in mature markets like Japan – across all market conditions. We look forward to further growing our presence in Japan and the region more broadly, one enduring partnership at a time," Rushabh Ranavat
CEO, Asia at Resolution Life, said.