Resolution Life has closed three separate transactions in Asia: two block reinsurance deals in Hong Kong and one flow reinsurance deal in Japan.
“We are proud to deepen our partnerships in Asia. These transactions reflect Resolution Life’s growing market strength and our readiness to support insurers with long-term, reliable reinsurance solutions,” said Rushabh Ranavat, CEO, Asia and Europe at Resolution Life.
The two Hong Kong reinsurance transactions cover participating whole of life products, transferring market, policyholder behaviour and mortality risk to Resolution Life. The cedents will continue to service and administer the policies.
