Japan Post Insurance Co., Ltd. (Japan Post Insurance), KKR & Co. Inc. (together with its subsidiaries, "KKR"), and Global Atlantic Financial Group (Global Atlantic) announced their entrance into a strategic partnership. Japan Post Insurance will additionally make a material investment in a reinsurance co-investment vehicle sponsored by Global Atlantic.

KKR and Global Atlantic's collective track records of delivering customized solutions for global life and annuity insurance clients is well-suited to helping advance Japan Post Insurance's growth strategy. The partnership enables Japan Post Insurance to access KKR and Global Atlantic's platforms to enhance its growth and diversify its business portfolio into overseas markets. Entering into this partnership with Japan Post Insurance advances KKR and Global Atlantic's commitment to Japan, as well as their global insurance strategies to deliver both asset management and reinsurance solutions to their insurance clients.

Nishimura & Asahi and Willkie Farr & Gallagher LLP served legal advisers to Japan Post Insurance. BofA Securities acted as a financial adviser to Japan Post Insurance. Debevoise & Plimpton LLP served as legal adviser to KKR and Global Atlantic.

SMBC Nikko Securities Inc. served as a financial adviser to KKR and Global Atlantic.