RGA to reinsure 160bn JPY of Taiyo Life reserves

Reinsurance Group of America logo

Global life and health reinsurer Reinsurance Group of America (RGA) has reached an agreement to reinsure statutory reserves for Taiyo Life Insurance Company (Taiyo Life), a subsidiary of T&D Holdings, Inc.

Reinsurance Group of America logoThe deal will see RGA reinsure 160 billion JPY of reserves through a coinsurance agreement.

“Reinsurance transactions require a solid partnership,” said Larry Carson, Executive Vice President, Global Financial Solutions, RGA.

“We value the working relationship we have with Taiyo Life as we identified a creative, comprehensive, and customized solution to meet their capital management needs,” Carson continued.

“Coinsurance is an effective piece of RGA’s strategy for optimizing return on capital and is suitable for a wide range of life insurance needs in Japan and around the world.”


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Taiyo Life also commented: “We were pleased to have a trusted partner in RGA to help reduce our risk and improve capital efficiency.”

“Through this reinsurance transaction, we are able to transfer economic risk while still maintaining a strong relationship between Taiyo Life and our policyholders.”

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