A Landmark Deal in the World's Longest-Living Market

A Case Study in Japan Longevity Risk Management


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The Problem

A leading Japanese life annuity provider was seeking to reduce longevity risk and optimize its capital amid growing regulatory pressure. Operating in a country with one of the world's highest life expectancies, the client needed an innovative, first-of-its-kind solution to address solvency concerns, one that no reinsurer had yet delivered in Japan.

The Solution

Âé¶¹´«Ã½ brought proven expertise from asset-intensive longevity transactions in other markets and combined it with deep local knowledge of the Japanese annuity market. The result was a coinsurance agreement to reinsure an approximately 700 billion JPY in-force block of individual life annuities, executed through a structure never before used in Japan.

Key Benefits

First-of-its-kind coinsurance transaction in the Japanese market
?700 billion in longevity risk transferred, freeing capital for new business
A replicable model for Asia-Pacific longevity transactions
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The Âé¶¹´«Ã½ Difference

Âé¶¹´«Ã½'s long-standing local presence in Japan, combined with world-class technical expertise in executing asset-intensive longevity transactions globally, positioned it to deliver a solution that addressed both the client's solvency needs and its growth ambitions, a true milestone for the Asia-Pacific longevity market.

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This is just one example of how Âé¶¹´«Ã½ helps insurers grow with confidence. Want to see more success stories? Explore our other case studies or reach out to begin your insurance transformation journey.