KKR's Global Atlantic Raises $2 Billion from Japan Post Insurance for Diversification and Growth.

KKR's Global Atlantic has raised $2 billion from Japan Post Insurance to boost returns through new investments. The funds will be invested in a new vehicle managed by Global Atlantic, which will own a majority stake. The deal will give Global Atlantic greater scale and allow Japan Post Insurance to tap into US annuity and global reinsurance markets. The partnership is part of a growing trend of Japanese insurers diversifying investments to boost returns.

KKR's Global Atlantic has raised $2 billion from Japan Post Insurance to boost returns through new investments. The funds will be invested in a new vehicle managed by Global Atlantic, which will own a majority stake. The deal will give Global Atlantic greater scale and allow Japan Post Insurance to tap into US annuity and global reinsurance markets. The partnership is part of a growing trend of Japanese insurers diversifying investments to boost returns.

The investment was announced on July 30, 2025, with Japan Post Insurance committing over 50% of the $2 billion (approx. JPY 300 billion) to the new vehicle, which is expected to commence operations in the first half of 2026, subject to regulatory approvals [1]. This investment is part of a strategic partnership that Japan Post Insurance, KKR, and Global Atlantic announced in June 2023, aimed at accelerating Japan Post Insurance's global growth strategy and diversifying its revenue sources [1].

The new vehicle will have access to Global Atlantic’s insurance, reinsurance, and strategic activity, enabling Japan Post Insurance to capture revenues from the robust US annuity market and global reinsurance markets. This strategic collaboration will enhance Japan Post Insurance’s ability to deliver tailored asset management and reinsurance solutions for insurance clients worldwide [1].

Kunio Tanigaki, Director and Representative Executive Officer, President, and CEO of Japan Post Insurance, stated, "This investment is a part of our phased approach to our strategic alliance agreement with KKR and Global Atlantic, which we signed in June 2023. We believe that this investment will enable Japan Post Insurance to diversify our revenue sources by capturing revenues from the robust U.S. annuity market and reinsurance markets globally and continue to build on our win-win relationship with KKR and Global Atlantic" [1].

Joe Bae and Scott Nuttall, Co-CEOs of KKR, expressed their pride in deepening their relationship with Japan Post Insurance, stating, "We are proud to deepen our relationship with Japan Post Insurance, one of Japan’s leading insurance institutions, through their investment in Global Atlantic’s vehicle. This collaboration reflects the strength of our global insurance platform and our shared commitment to growth as we pursue the opportunity together" [1].

Billy Butcher and Manu Sareen, Co-Heads of Global Atlantic, were delighted to expand their strategic partnership with Japan Post Insurance, noting, "Japan Post Insurance’s commitment to deploy capital alongside Global Atlantic validates the growing value of our global platform. The investment will accelerate our ability to pursue growth opportunities we see in the U.S., Japan, and other international markets, and support the needs of our clients, policyholders, and partners" [1].

This investment marks a significant milestone in the partnership between Japan Post Insurance, KKR, and Global Atlantic, aligning with the broader trend of Japanese insurers diversifying investments to enhance returns and expand their global footprint.

References:
[1] https://finance.yahoo.com/news/japan-post-insurance-invests-2-063700353.html
[2] https://seekingalpha.com/news/4474017-japan-post-insurance-invests-2-billion-in-global-atlantic-vehicle
[3] https://www.artemis.bm/news/japan-post-insurance-makes-2bn-investment-into-global-atlantic-reinsurance-sidecar/