Reinsurance Group of America Reinsures 160 Billion JPY of Statutory Reserves for Taiyo Life
"Reinsurance transactions require a solid partnership. 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," said
Speaking to the relationship with RGA and the transaction, Taiyo Life said, "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."
Additional terms of the transaction are not being disclosed at this time.
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