Brookfield Wealth Solutions Signs First Reinsurance Agreement in Japan with Dai-ichi Frontier Life
Brookfield Wealth Solutions (NYSE: BNT) has announced its first Japanese reinsurance agreement with Dai-ichi Frontier Life, effective October 2025. The agreement enables Dai-ichi Frontier Life to reinsure liabilities through Brookfield's U.S. subsidiary, American National Insurance Company.
This strategic move follows Brookfield's establishment of a Tokyo representative office earlier this year, targeting Japan's substantial insurance market, which holds over $6 trillion in individual life and annuity policies. The company's expansion in Japan is led by Managing Director Tomohide Yokooka, building upon Brookfield's existing presence since 2015 and its partnerships with numerous Japanese institutional and wealth investors.
Brookfield Wealth Solutions (NYSE: BNT) ha annunciato il suo primo accordo giapponese di riassicurazione con Dai-ichi Frontier Life, in vigore da ottobre 2025. L'accordo consente a Dai-ichi Frontier Life di riassicurare passività attraverso la controllata statunitense di Brookfield, American National Insurance Company. Questo movimento strategico segue l’apertura da parte di Brookfield di un ufficio di rappresentanza a Tokio all’inizio di quest’anno, mirato al vasto mercato assicurativo giapponese, che ospita oltre $6 trillion di polizze vita e di rendita individuali. L’espansione della società in Giappone è guidata dal Managing Director Tomohide Yokooka, che consolida la presenza di Brookfield dal 2015 e le sue partnerships con numerosi investitori istituzionali e patrimoniali giapponesi.
Brookfield Wealth Solutions (NYSE: BNT) ha anunciado su primer acuerdo japonés de reaseguro con Dai-ichi Frontier Life, vigente a partir de octubre de 2025. El acuerdo permite que Dai-ichi Frontier Life reasegure pasivos a través de la filial estadounidense de Brookfield, American National Insurance Company. Este movimiento estratégico sigue a la apertura de Brookfield de una oficina de representación en Tokio a principios de este año, dirigida al importante mercado de seguros de Japón, que alberga más de $6 trillion en pólizas de vida y anualidades individuales. La expansión de la empresa en Japón está liderada por el Director General Tomohide Yokooka, apoyando la presencia de Brookfield desde 2015 y sus asociaciones con numerosos inversores institucionales y de patrimonio japoneses.
Brookfield Wealth Solutions (NYSE: BNT)는 다이이치 프런티어 라이프와의 일본 최초 재보험 계약을 발표했으며, 2025년 10월 발효됩니다. 이 계약으로 다이이치 프런티어 라이프는 Brookfield의 미국 자회사인 American National Insurance Company를 통해 부채를 재보험할 수 있게 됩니다. 이 전략적 움직임은 Brookfield가 올해 초 도쿄에 대표사무소를 설립한 뒤 일본의 상당한 보험시장을 겨냥한 것이며, 개인생명 및 연금 정책에 대해 $6 trillion 이상을 보유하고 있는 시장을 목표로 합니다. 일본에서의 확장은 2015년 이래 Brookfield의 존재감을 바탕으로 다수의 일본 기관 투자자 및 자산가 투자자들과의 파트너십을 이끄는 Managing Director Tomohide Yokooka의 주도로 이루어집니다.
Brookfield Wealth Solutions (NYSE: BNT) a annoncé son premier accord de réassurance japonais avec Dai-ichi Frontier Life, en vigueur à partir d’octobre 2025. L’accord permet à Dai-ichi Frontier Life de réassurer des passifs via la filiale américaine de Brookfield, American National Insurance Company. Cette initiative stratégique fait suite à l’ouverture, plus tôt cette année, d’un bureau de représentation à Tokyo par Brookfield, visant le vaste marché de l’assurance au Japon, qui détiend plus de $6 trillion de polices vie et annuités individuelles. L’expansion de l’entreprise au Japon est dirigée par le Managing Director Tomohide Yokooka, s’appuyant sur la présence de Brookfield depuis 2015 et ses partenariats avec de nombreux investisseurs institutionnels et patrimoniaux japonais.
Brookfield Wealth Solutions (NYSE: BNT) hat seine erste japanische Rückversicherungspartnerschaft mit Dai-ichi Frontier Life angekündigt, die ab Oktober 2025 wirksam wird. Die Vereinbarung ermöglicht Dai-ichi Frontier Life, Verbindlichkeiten über Brookfields US-Tochtergesellschaft American National Insurance Company rückzuversichern. Dieser strategische Schritt folgt auf die Eröffnung eines Tokyo-Representative Office durch Brookfield zu Beginn dieses Jahres, mit Fokus auf den bedeutenden japanischen Versicherungsmarkt, der über $6 trillion an Einzel-Leben- und Rentenpolicen verfügt. Die Expansion in Japan wird von Managing Director Tomohide Yokooka geleitet und fußt auf Brookfields Präsenz seit 2015 sowie Partnerschaften mit zahlreichen japanischen institutionellen und vermögenden Investoren.
Brookfield Wealth Solutions (NYSE: BNT) تعلن عن أول اتفاق إعادة تأمين لها في اليابان مع Dai-ichi Frontier Life، ساري المفعول اعتباراً من أكتوبر 2025. يسمح الاتفاق لـDai-ichi Frontier Life بإعادة تأمين الالتزامات من خلال شركة Brookfield الأمريكية الفرعية، American National Insurance Company. تأتي هذه الخطوة الاستراتيجية عقب تأسيس Brookfield لمكتب تمثيلي في طوكيو في وقت سابق من هذا العام، مستهدفاً سوق التأمين الكبير في اليابان، الذي يضم أكثر من $6 trillion من وثائق الحياة والفواتير السنوية الفردية. تقود توسعة الشركة في اليابان المدير التنفيذي Tomohide Yokooka، معززة حضور Brookfield القائم منذ 2015 وشراكاتها مع العديد من المستثمرين اليابانيين المؤسسيين وذوي الثروات.
Brookfield Wealth Solutions (NYSE: BNT) 公布了其与 Dai-ichi Frontier Life 的首个日本再保险协议,自 2025 年 10 月起生效。该协议使 Dai-ichi Frontier Life 能通过 Brookfield 的美国子公司 American National Insurance Company 实现负债再保险。这一战略举措紧随 Brookfield 年初在东京设立代表处,面向日本庞大的保险市场,该市场在个人寿险和年金保单方面的规模超过 $6 trillion。 Brookfield 在日本的扩张由 Managing Director Tomohide Yokooka 领导,在自 2015 年起的存在基础上,以及与大量日本机构投资者和财富投资者的伙伴关系共同推进。
- Entry into Japan's $6 trillion insurance market represents significant growth opportunity
- Strategic partnership with a leading Japanese insurer enhances market presence
- Leverages existing strong presence and relationships in Japan since 2015
- Expands geographical diversification of business operations
- None.
Insights
Brookfield's entry into Japan's $6T insurance market via Dai-ichi partnership represents strategic global expansion with significant growth potential.
Brookfield Wealth Solutions' first Japanese reinsurance agreement with Dai-ichi Frontier Life represents a significant strategic expansion into one of the world's most valuable insurance markets, estimated at over
The agreement enables Dai-ichi Frontier Life to transfer insurance liabilities to Brookfield's U.S. subsidiary on a flow basis starting October 2025. This structure is particularly advantageous in the current macroeconomic environment, as it allows Dai-ichi to optimize its balance sheet while Brookfield gains access to a steady stream of insurance premiums to manage and invest.
What makes this partnership especially valuable is Brookfield's ability to leverage its expertise in real assets—including renewable energy, infrastructure, and real estate—to potentially generate higher returns on the long-duration liabilities typical in the Japanese insurance market. Japan's demographic profile, with its aging population, creates substantial demand for retirement and wealth protection products that align perfectly with Brookfield's service offerings.
The hiring of Tomohide Yokooka as Managing Director in Tokyo indicates Brookfield is making a serious commitment to the region rather than pursuing a one-off transaction. The mention of an "active pipeline of opportunities" suggests this agreement is likely the first of many, potentially establishing a significant new revenue stream in a market where foreign reinsurers have historically had limited penetration.
This expansion aligns with Brookfield's global diversification strategy and opens access to Japan's capital-rich insurance sector, creating a foundation for substantial growth in the Asia-Pacific region while offering Japanese insurers access to Brookfield's alternative investment capabilities.
BROOKFIELD, NEWS, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) today announced that it has signed a reinsurance agreement with leading Japanese insurance company Dai-ichi Frontier Life. This agreement marks the first Japan-based reinsurance agreement for Brookfield Wealth Solutions after it established a representative office in Tokyo earlier this year.
Effective in October 2025, the agreement allows Dai-ichi Frontier Life to reinsure liabilities to Brookfield Wealth Solutions’ U.S.-based subsidiary, American National Insurance Company, on a flow basis. Japan is one of the world’s largest insurance markets, with individual life and annuity policies in force totaling over
Sachin Shah, CEO of Brookfield Wealth Solutions, said: “We are pleased to partner with Dai-ichi Frontier Life on our first reinsurance transaction in Japan. Japan is strategically important for Brookfield Wealth Solutions given the size of its life insurance market and favorable macroeconomic trends. Brookfield Wealth Solutions is a strong partner for Japanese insurers, bringing global scale, capital and operational expertise to help support Japanese policyholders.”
Brookfield Wealth Solutions is a leading provider of retirement services, wealth protection products and tailored capital solutions. With access to Brookfield’s deep expertise in renewable power and transition, infrastructure, real estate and other real assets, Brookfield Wealth Solutions delivers differentiated insurance and reinsurance solutions.
Since opening its office in Tokyo in 2015, Brookfield has grown its local team and partnered with hundreds of Japan’s leading institutional and wealth investors. Brookfield Wealth Solutions’ reinsurance agreement with Dai-ichi Frontier Life further builds on Brookfield’s existing presence, relationships and investments across the country.
Brookfield Wealth Solutions began its expansion into Japan with the appointment of Tomohide Yokooka as a Managing Director in its Tokyo office.
Mr. Yokooka said: “Our approach provides insurance partners in Japan with the ability to enhance the strategic diversification of their asset exposures and access to longer-duration solutions. We have an active pipeline of opportunities and look forward to partnering with more Japanese insurers as we grow our business significantly in this market.”
About Brookfield Wealth Solutions
Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact:
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