Japanese life insurers divided on fixed income as new regulations loom
As interest rates have started to move, the larger Japanese life insurers consider either unhedged US investments, or aiming for the eurozone.
Recent worldwide economic turmoil is affecting decision-making for Japan’s largest life insurance companies.
The trend of rising interest rates marks an ambiguous turn of events, as it poses both investment opportunities and puzzles for the life insurers, according to Teruki Morinaga, director of insurance at Fitch Ratings Japan.
Every life insurer is primarily mulling over accumulating more Japanese government bonds (JGBs), Morinaga told AsianInvestor. The JGBs are effective fo…
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