Sony Life Insurance will take measures, including the sale of government bonds it holds, to avoid writedowns in the event domestic interest rates keep rising.
We are very concerned about the risk of a further rise in ultra-long-term bond yields, and that he will "take measures such as selling bonds as necessary" to avoid impairment, said Ryoji Inaba, senior vice president and general manager, head of investment planning division at Sony Life Insurance in an interview.
