Nippon Life Insurance completed the $1bn investment in Blackstone-backed Resolution Life.

Nippon Life Insurance, a provider of insurance and asset management services, completed the $1bn investment in Blackstone-backed Resolution Life, a global life and annuity insurance consolidation business. “I am honoured to have the continued partnership of Nippon Life, an institution I admire and respect. There is a strong foundation of shared values, clarity of vision and breadth of capabilities across our organisations," Clive Cowdery, Resolution Life Founder and Executive Chairman.