KKR and Global Atlantic completed an investment in Japan Post Insurance.

Private equity firms KKR and Global Atlantic completed an investment in Japan Post Insurance, a Japanese life insurance services provider. Financial terms were not disclosed. “We believe this partnership has great potential for Japan Post Insurance to pursue new growth opportunities and diversify revenue sources. It also enhances our reinsurance strategy and asset-liability management capabilities and we will proceed in a gradual and prudent manner as this is the first international partnership for Japan Post Insurance, which currently does not have any overseas offices. We are very excited to expand our business collaboration with KKR, a leading global investment firm, and Global Atlantic, a leading global life and annuity reinsurance firm, as they are both committed to the Japanese market and trusted partners with whom Japan Post Insurance can develop a mutually beneficial relationship," Tetsuya Senda, Japan Post Insurance President and CEO.