Browsing: Resolution Life

Resolution Life and Protective, a US subsidiary of Dai-ichi Life Holdings, have entered into a significant reinsurance agreement covering structured settlement annuities and life insurance business.

Dai-ichi Life’s US subsidiary, Protective Life Corporation, enters a strategic reinsurance agreement with Resolution Life, driven by upcoming capital regulations.

Resolution Life has signed a reinsurance agreement with Protective Life Corporation’s insurance subsidiaries, covering $9.7 billion in reserves.

Protective Life and Resolution Life have struck a $9.7 billion reinsurance deal. Protective will offload structured settlement annuities and secondary guaranteed universal life policies to Resolution Life.

US subsidiary Protective Life Corp will cede blocks to Resolution Life Group Holdings Ltd to improve earnings.

Mayer Brown is representing Nippon Life Insurance Company in its acquisition of Resolution Life.

Nippon Life Insurance plans to acquire all outstanding shares of Resolution Life Group Holdings, solidifying its position in the U.S. market.

Nippon Life Insurance plans to acquire the remaining shares of Resolution Life Group Holdings for $8.2 billion, solidifying its position in the U.S. market. This move marks the largest overseas acquisition by a Japanese insurer to date, highlighting a trend of expansion in response to domestic challenges.

Mayer Brown is advising Nippon Life Insurance Company on its acquisition of Resolution Life, a global life and annuity insurance group.