📰 Curated Industry Article
This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story.
RGA, a global life and health reinsurance company supporting insurers with risk management and financial solutions, has completed two block coinsurance agreements in Japan with Sumitomo Life Insurance Company and Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life).
The transactions form part of RGA’s continued work with insurers to help manage existing portfolios, enhance financial flexibility and support policyholder value over the long term.
RGA said the agreements demonstrate the increasing role of coinsurance arrangements in Japan, as insurers explore additional options for managing in-force portfolios, improving capital efficiency and responding to evolving business requirements.
The transactions with Sumitomo Life Insurance Company and Anshin Life build on RGA’s established presence in the Japanese market and its experience in developing reinsurance structures tailored to the needs of local insurers.
RGA confirmed that it entered into an agreement with Sumitomo Life Insurance Company covering the reinsurance of a block of whole life insurance policies. RGA said the transaction is the first block coinsurance arrangement undertaken by Sumitomo Life and represents an important step for the Japanese mutual insurance sector.
RGA also confirmed a separate agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life) involving the reinsurance of a block of whole life policies through a coinsurance structure. RGA noted that the agreement builds on previous block reinsurance collaborations completed with Anshin Life in 2024 and 2025.
Kazuko Sawada, Head of Japan at RGA, added: “We are honoured to support Sumitomo Life and Anshin Life through these important transactions. Together, they reflect RGA’s commitment to delivering tailored financial solutions that strengthen risk management frameworks, address evolving capital priorities, and continue creating long-term value for policyholders.”
The post RGA expands Japan reinsurance activity through two coinsurance agreements appeared first on ReinsuranceNe.ws.
💡 What This Means For You
Understanding how industry news affects your personal coverage is important. Our licensed advisors stay on top of every development so you don’t have to — and we’re always available for a free, no-pressure conversation about your family’s protection.
LEGACY LIFE INSURANCE GROUP
Ready to Protect Your Family?
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s future.
📰 This article is sourced from a trusted insurance industry publication. Legacy Life Insurance Group shares this for informational purposes only. Always consult a licensed advisor for personalized guidance.