| Decision | Consent granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 1 April 2025 |
| Pathway | Significant business assets |
| Investment | Acquisition of up to 100% of the shares in Resolution Life Group Holdings Ltd. |
| Consideration | $14,600,000,000 |
| Applicant | Nippon Life Insurance Company |
| Vendor | Blackstone ISG Investment Partners – R (BMU) L.P. |
| Background | The Applicant is a Japanese mutual life insurance company ultimately owned by its policyholders. It is increasing its ownership interest in Resolution Life Group Holdings Ltd. (Resolution Life), a global insurance, reinsurance, and risk transfer company registered in Bermuda, from 23% to 100%. Resolution Life specialises in acquiring and managing portfolios of life insurance policies. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Andrew Petersen |