Talcott Financial Group (“Talcott” or “the company”), an international life insurance group and leading provider of comprehensive risk solutions, today announced an expansion to the previously announced block reinsurance transaction between its subsidiary, Talcott Life Re, Ltd. (“Talcott Life Re”), and Japan Post Insurance Co., Ltd. (“Japan Post Insurance”).

Under the terms of the expanded agreement, Talcott Life Re will reinsure an additional ¥100 billion (approximately USD $625 million at current exchange rates) block of in-force payout annuities. Japan Post Insurance continues to administer and service all reinsured policies as the issuing carrier. The transaction will be effective today, March 31, 2026.

“The expansion of this partnership with Japan Post Insurance validates the value proposition of Talcott’s platform and is a testament to the skills and capabilities of our global teams,” said Imran Siddiqui, Chief Executive Officer of Talcott. “As we grow Talcott’s presence in Japan, we remain committed to providing the comprehensive risk solutions our blue-chip partners depend on. We’re grateful to Japan Post Insurance for placing their trust in Talcott and recognizing the unwavering focus our team places on fulfilling obligations to our partners and their policyholders.”

Talcott’s multi-jurisdictional platform enables the company to pursue deals around the world that align with its long-term strategy and growth philosophy. The company’s leadership team leverages its deep industry expertise and experience, managing risks to create bespoke solutions with speed and reliability. Between its open-architecture asset management model, rigorous approach to asset allocation, and focus on optimizing capital efficiency, Talcott differentiates itself with institutional and retail clients seeking holistic solutions and best-in-class partners.

About Talcott Financial Group

Talcott Financial Group, an international life insurance group, combines longstanding industry experience with the agility needed for today’s market to bring a modern perspective to comprehensive risk solutions. Talcott is committed to protecting what matters most and guiding its partners to peace of mind, whether serving individuals planning for retirement or organizations seeking risk transfer solutions. With $135 billion in assets under management as of December 31, 2025, investment-grade financial strength ratings, and a partnership with Sixth Street, a leading global investment firm, Talcott is well positioned to serve as a high-quality counterparty to its clients and policyholders. Talcott has offices based in Bermuda, the Cayman Islands, Connecticut, and New York.

For more information, visit www.talcott.com or follow Talcott Financial Group on LinkedIn.

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