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The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 7 days ago

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/sumitomo-life-jgb-losses/?utm_medium=Social&utm_source=mastodon #business #insurance #lifeinsurance #sumitomolifeinsurance #bonds #jgb

The Japan Times

Sumitomo Life takes unusual step to avoid marking JGB losses

The Osaka-based firm is taking advantage of guidelines for bond investors when prices move sharply.
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