Reinsurance Group of America Reinsures 200 Billion JPY of Statutory Reserves From Dai-ichi Life Insurance Company
TOKYO--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) a leading global life and health reinsurer, today announced that it reached an agreement with The Dai-ichi Life Insurance Company, Limited to reinsure 200 billion JPY of statutory reserves through coinsurance. The effective date of the transaction was March 31, 2021. Following on a transaction we completed with Dai-ichi last year, we are excited to continue to work with them to optimize capital and grow our strong p
Reinsurance Group of America Reinsures 200 Billion JPY of Statutory Reserves From Dai-ichi Life Insurance Company
TOKYO--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) a leading global life and health reinsurer, today announced that it reached an agreement with The Dai-ichi Life Insurance Company, Limited to reinsure 200 billion JPY of statutory reserves through coinsurance. The effective date of the transaction was March 31, 2021. Following on a transaction we completed with Dai-ichi last year, we are excited to continue to work with them to optimize capital and grow our strong p