M&A Deal Summary

Nippon Life Insurance Acquires Resolution Life Group

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

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

M&A Deal Summary
Date 2024-12-10
Target Resolution Life Group
Sector Insurance
Buyer(s) Nippon Life Insurance
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 Insurance

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

Nippon Life Insurance Company, is a private life insurer .The company, which has over 14 million policies in Japan, 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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