
TOKYO -- Top Japanese life insurers sustained an estimated 16% decline in combined domestic premium income in the fiscal year ended March, as the Bank of Japan's negative interest rate policy weighed on their investment income.
Negative-rate policy delivers the biggest decline since Lehman shock
TOKYO -- Top Japanese life insurers sustained an estimated 16% decline in combined domestic premium income in the fiscal year ended March, as the Bank of Japan's negative interest rate policy weighed on their investment income.
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