Apollo invests $500mn in RGA life subsidiary Chesterfield Re
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Apollo invests $500mn in RGA life subsidiary Chesterfield Re

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Apollo Global Management is putting $500mn into life insurance company Chesterfield Re, a subsidiary of Reinsurance Group of America (RGA), in its second transaction with the group.

The deal leveraged cross-platform expertise, including in insurance, ILS and multi-asset credit, the firm said.

Apollo partner Jamshid Ehsani said its ability to structure “creative, scaled solutions at a wide range of capital costs differentiates us from other platforms and...

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