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Paper Losses on Bonds Double for Japan's Insurers as Rates Rise
CHUOU INTERNATIONAL GROUP: Summary of Interim Financial Results for the Fiscal Year Ending Reiwa 6/12 [Japanese GAAP] (Consolidated)
With steep interest rate declines and a significant drop in the stock market, what happened to the Japan insurance industry in the 1990s?
Shenwan stated that after resolving interest rate spread risks, Japanese life insurance companies still made a continuous positive contribution in the low interest rate era. In comparison, reducing debt costs is the main means for China to resolve interest rate spread risks; among them, reducing the reserved interest rate is the core method for reducing the new debt costs.
CHUOU INTERNATIONAL GROUP: Announcement of revised financial estimates for the term.