Aflac Re announces first external reinsurance transaction with Japan Post Insurance

Aflac Incorporated, a life and health insurer through its subsidiaries in Japan and the U.S., has announced that Aflac Re Bermuda Ltd. (Aflac Re) has agreed with Japan Post Insurance Co., Ltd. to reinsure a block of whole life annuities through coinsurance, effective 31st March 2026.This marks Aflac Re’s first reinsurance transaction with an external party. Japan Post Insurance will continue to service and administer the policies.Max Brodén, Senior Executive Vice President, Chief Financial Officer of Aflac ...