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Apollo Global's Athene to Enter Block Reinsurance Deal With Japan's Sony Life
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Apollo Global's Athene to Enter Block Reinsurance Deal With Japan's Sony Life
Sep 29, 2025 5:35 AM

08:01 AM EDT, 09/29/2025 (MT Newswires) -- Apollo Global Management ( APO ) unit Athene said Monday it plans to enter a block reinsurance transaction with Japan's Sony Life Insurance.

As part of the deal, Athene will reinsure an in-force block of US dollar-denominated whole life insurance policies and sign an agreement with Swiss Re to retrocede all mortality risk related to the block, the company said.

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