Sumitomo Life Insurance is taking an unusual step to avoid writing down losses on its debt assets, promising to never sell them while they are in the red. https://www.japantimes.co.jp/business/2025/10/03/companies/sumitomo-life-jgb-losses/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomolife #jgb #lifeinsurance