M&A Deal Summary

Nippon Life Acquires Resolution Life Group

On December 10, 2024, Nippon Life acquired insurance company Resolution Life Group for 8.2B USD

Acquisition Highlights
  • This is Nippon Life’s 2nd transaction in the Insurance sector.
  • This is Nippon Life’s largest (disclosed) transaction.
  • This is Nippon Life’s 1st transaction in Bermuda.

M&A Deal Summary

Date 2024-12-10
Target Resolution Life Group
Sector Insurance
Buyer(s) Nippon Life
Deal Type Add-on Acquisition
Deal Value 8.2B USD
Advisor(s) Goldman Sachs (Financial)
Debevoise & Plimpton
Herbert Smith Freehills
Kirkland & Ellis (Legal)

Target

Resolution Life Group

Hamilton, Bermuda
Resolution Life Group is a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies. Resolution Life Group was founded in 2003 and is based in Hamilton, Bermuda.

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Buyer(S) 1

Buyer

Nippon Life

Osaka, Japan

Category Company
Founded 1889
Sector Insurance
Employees72,832
Revenue 86.7B USD (2012)
DESCRIPTION

Nippon Life is a life insurance company. Nippon Life offers a wide range of products, including individual and group life insurance and annuity policies, through various distribution channels. The company primarily operates in Japan, North America, Europe and Asia and is headquartered in Osaka, Japan.


DEAL STATS #
Overall 4 of 4
Sector (Insurance) 2 of 2
Type (Add-on Acquisition) 1 of 1
Country (Bermuda) 1 of 1
Year (2024) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-09 Corebridge Financial

Houston, Texas, United States

Corebridge Financial is a providers of retirement solutions and insurance products. Corebridge Financial partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. Corebridge Financial is based in Houston, Texas.

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