Pacific Life Re, has announced the completion of a structured reinsurance transaction for one of Japan's leading life insurance companies.
The deal is Pacific Life Re’s second structured reinsurance transaction in Japan in 2026, and was designed to enhance the cedant’s capital efficiency and optimise its economic capital position under Japan’s new Economic Solvency Ratio framework.
The agreement forms part of an extremely successful year for Pacific Life Re in Japan. Alongside the completion of structured reinsurance transactions, the wider Pacific Life Re business has executed asset-intensive reinsurance transactions, maintained a strong position in the direct marketing market, and executed a new protection flow transaction.
Pacific Life Re, Capital Solutions, Executive Vice President, Michelle Moloney said that the transaction demonstrates their ability to deliver tailored solutions that help insurers achieve their strategic, capital and risk management objectives, and reinforces its commitment to supporting insurers and their policyholders in Japan.
“It also reflects the momentum of our Capital Solutions business globally. Since the start of 2026, we have executed more than 15 structured reinsurance transactions across 10 countries and 4 continents,” Ms Moloney said.