Resolution Life and Blackstone Announce Strategic Partnership to Grow Leading Global Life Insurance and Annuity Consolidation Business
Resolution Life and Blackstone (NYSE: BX) today announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business.
- Resolution Life and Blackstone (NYSE: BX) today announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business.
- This partnership solidifies Resolution Lifes position as a leader in the multi-trillion-dollar global life and annuity consolidation market by combining Resolution Lifes global liability management platforms and Blackstones insurance asset management capabilities.
- Nippon Life, the largest existing investor in Resolution Life, supports the strategic partnership and welcomes Blackstones investment and asset management expertise which will contribute meaningfully to the growth and development of Resolution Life.
- Resolution Life is a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies.