Reinsurance Group of America, Incorporated $(RGA)$, a prominent global life and health reinsurer, has announced a significant new transaction with The Dai-ichi Life Insurance Company, Limited. The agreement involves an RGA subsidiary reinsuring 150 billion JPY of statutory reserves through coinsurance. This deal, effective March 31, 2025, marks a continuation of the successful collaboration between RGA and Dai-ichi, which began in 2020. Gaston Nossiter, RGA's Senior Vice President for Japan and Asia Pacific Financial Solutions, highlighted that this agreement underscores RGA's commitment to delivering innovative reinsurance solutions in the Asian insurance market, aimed at optimizing capital and enhancing risk management capabilities. RGA has been a leader in pioneering asset-intensive solutions as financial optimization tools and has implemented numerous successful coinsurance deals across the Asia Pacific region since 1996.
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