RGA and Sompo announce partnership to improve eldercare

RGA , a global life and health reinsurer, and Sompo Holdings, a global property and casualty insurance company with a leading nursing care business in Japan, have announced a new partnership aimed at improving eldercare and promoting healthy aging.

Together, Sompo and RGA will leverage their experience in eldercare, aging-related insights, and robust data assets from legacy businesses to create products and solutions designed to improve health outcomes and financial security. The partnership will engage in data studies to build upon their expertise and tailor products to best support their customers’ needs.

Through the partnership, RGA and Sompo will work to introduce products and services to help customers and their families strengthen their health and financial wellbeing. Improving the quality and availability of eldercare solutions helps further the Japanese carrier’s pursuit to solve social problems through its businesses by investing in digital technologies that help improve the population’s quality of life.