Reinsurance group of america reinsures 153 billion jpy of statutory reserves for daido life

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 daido life insurance company (daido life), a subsidiary of t&d holdings, inc. (t&d holdings), to reinsure 153 billion jpy of statutory reserves through coinsurance.

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