#Latest news with #JapanLifeInsurersBloomberg7 days agoBusinessBloombergJapanese Life Insurers Cut Bullish Yen Hedges to 14-Year LowJapanese life insurers cut protection for their foreign assets against a stronger yen to a fresh 14-year low, signaling subdued expectations of a sustained rally in the nation's currency. Nine of Japan's biggest life insurers collectively lowered bullish yen wagers tied to their foreign investment holdings to 44.4% at the end of the fiscal half in March from 45.2% six months earlier, according to a Bloomberg News analysis of their earnings reports.
Bloomberg7 days agoBusinessBloombergJapanese Life Insurers Cut Bullish Yen Hedges to 14-Year LowJapanese life insurers cut protection for their foreign assets against a stronger yen to a fresh 14-year low, signaling subdued expectations of a sustained rally in the nation's currency. Nine of Japan's biggest life insurers collectively lowered bullish yen wagers tied to their foreign investment holdings to 44.4% at the end of the fiscal half in March from 45.2% six months earlier, according to a Bloomberg News analysis of their earnings reports.