Athene executes block reinsurance transaction in japan

Hamilton, bermuda, nov. 26, 2023 (globe newswire) -- athene holding ltd. (“athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with fwd life insurance co. ltd., a japanese domiciled insurer. under the terms of the agreement, athene will reinsure an in-force block of whole life insurance policies. in conjunction with the transaction, athene has also entered into an agreement to retrocede the mortality risk associated with the block to swiss re, a leading mortality reinsurer.
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