24/4/2025, 4:38:03 pm

Japan’s Biggest Life Insurer to Reduce Its Yen-Bond Holdings

Japan’s largest life insurer, Nippon Life, plans to reduce its Japanese government bond holdings this fiscal year for the first time since 2017, citing unstable markets and low liquidity despite attractive yields. The insurer will steady its purchases after recent brisk buying. Other insurers are diverging in their strategies, with some increasing domestic bond holdings.