Pacific Life Re, the global reinsurance business of Pacific Life, has completed its second structured reinsurance transaction for this year for a leading Japanese life insurance-company/" style="color:#c0392b;font-weight:700;text-decoration:underline;" class="hta-topic-link">insurance company.
The transaction, as confirmed by the reinsurer, was designed to enhance the cedant’s capital efficiency and optimise its economic capital position under Japan’s new Economic Solvency Ratio (ESR) framework.
The deal further demonstrates the reinsurer’s commitment to supporting Japanese insurers with innovative capital and risk management solutions.
Michelle Moloney, Executive Vice President, Capital Solutions, Pacific Life Re, commented, “We are pleased to partner with our client on this structured reinsurance transaction.
“This transaction demonstrates our ability to deliver tailored solutions that help insurers achieve their strategic, capital and risk management objectives, and reinforces our 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.”
Andrew Murphy, Managing Director, Capital Solutions, Pacific Life Re, added, “We are proud to have completed this transaction with a leading Japanese insurer.
“It shows our ability to combine the structuring and execution expertise of our global Capital Solutions team with deep knowledge of the Japanese market to develop efficient, tailored solutions for Japanese insurers.”
The reinsurer has had a successful year in Japan, where the wider business has executed several asset-intensive reinsurance transactions, maintained a strong position in the direct marketing market, and executed a new protection flow transaction.
