Rga announces 700 billion jpy longevity asset-intensive reinsurance transaction with japan post insurance company

Tokyo--(business wire)--reinsurance group of america, incorporated (nyse: rga), a leading global life and health reinsurer, today announced it has reached an agreement with japan post insurance company (kampo) for an rga affiliate to reinsure an approximately 700 billion jpy in-force block of individual life annuities through coinsurance. the transaction is a landmark transaction in the longevity space with one of japan's leading providers of life annuities. “this transaction marks a significan.
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