Dec 2024
Conyers advised Resolution Life Group Holdings, Ltd. and its subsidiaries (together “Resolution Life”), a Bermuda regulated insurance group, on the acquisition of 100% of its shares by Nippon Life at a valuation of US$10.6 billion.
The Conyers team led by Jacqueline King, advised on all aspects of Bermuda law and regulation relating to the sale and purchase of the shares including obtaining all necessary regulatory approvals required under Bermuda law to close the acquisition and ensure the integration of Resolution Life into Nippon’s global holdings.
Resolution Life is a global life insurance group which is focused on the acquisition and ongoing management of portfolios of life insurance policies and which is subject to Bermuda insurance group supervision by the Bermuda Monetary Authority.
Directors Jacqueline King and Robert Alexander advised on this matter.