Resolution Life’s second flow reinsurance transaction underscores commitment to Japanese market

Bermuda-based life re/insurance group Resolution Life has signed a reinsurance agreement with domestic life insurer Taiju Life Insurance Company, a member of the Nippon Life group, reflecting its focus on supporting life insurance companies in Japan and across the region.

This completes the second flow reinsurance transaction in Japan and third transaction in Asia in 2025. 

The flow insurance transaction will use prearranged treaties to transfer the risk on a quota share of new business sales.

The agreement has been structured to help Taiju Life offer better returns on savings plans it sells in Australia, backed by Resolution Life, which brings experience in managing a variety of financial products and distribution channels.

Rushabh Ranavat (pictured), CEO, Asia of Resolution Life, said: “We are delighted to partner with Taiju Life to support the delivery of better policyholder rates. This transaction is another step forward for Resolution Life regionally and continues the build out of our international flow reinsurance franchise. We look forward to deepening our partnership with Taiju Life, as well as providing similar solutions for cedants in Japan more broadly.” 

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.