Nippon Life Insurance Reportedly To Acquire Resolution Life In $8.2 Bln Deal

(RTTNews) - Japanese heavyweight insurer Nippon Life Insurance Co. is reportedly in talks to acquire Bermuda-based Resolution Life Group Holdings in $8.2 billion deal. According to Nikkei business daily, the deal would be the largest ever foreign acquisition by a Japanese insurer.

The acquisition is expected in the second half of 2025. Nippon Life already holds a stake in Resolution and might be buying shares from Blackstone and other holders, using cash on hand.

The acquisition will be offering Nippon an opportunity for a short-cut for expansion as Japanese markets seem to be in stagnation.

Resolution Life has $85 billion assets under management and $5.7 billion equity capital. Resolution serves through three businesses such as Resolution Re, Resolution Life US and Resolution Life Australasia and serves insurers in North America, Europe, Australasia and Asia.