Japan News News Japan » Life: Sumitomo Life sets Symetra loose on US deal hunt as Japan’s insurers keep buying American
The Japanese mutual has earmarked up to ¥1 trillion for acquisitions, and wants its Bellevue-based subsidiary to find targets that fit alongside, not on top of, what it already does ...
News Japan » Life: Japan life insurers’ bond-buying plans set to support JGBs
Insurers have been net buyers of superlong government bonds for four months, a trend strategists say could provide an anchor in upcoming auctions.
News Japan » Life: Japan orders Prudential’s life units to stop soliciting new business until January 31
The FSA froze new business at Prudential of Japan and across Gibraltar Life’s employed sales force but spared its independent agencies ...
News Japan » Life: Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern of a rebound in the yen that would wipe out returns from overseas assets. Derivatives ...
News Japan » Life: Japan life insurers to buy yen bonds, pare FX hedges in FY2022/23
TOKYO, May 2 (Reuters) - Many Japanese life insurers, major investors in global bonds, plan to reduce currency hedging amid the yen's slump, as well as investing more in superlong-dated domestic debt.
News Japan » Life: Volatile Bonds Push Japan’s Life Insurers to the Sidelines
Heightened volatility and low liquidity are deterring Japanese life insurers from buying more of the nation’s sovereign bonds, increasing upward pressure on yields. The caution from this key group of ...