Apr 28, 2014

Insurers eye foreign bond buys

Three of four major life insurers may buy more foreign bonds in fiscal 2014 ending next March to seek higher returns because yields on Japanese government bond yields are predicted to stay at rock bottom, their asset management plans showed Friday. Life insurers are ...

Jun 26, 2013

Sumitomo Life eyes stake in Bank Negara's insurance unit

Sumitomo Life Insurance Co. is among companies preparing to bid for a stake in the life insurance unit of PT Bank Negara Indonesia, according to two sources. Sumitomo Life, Japan’s third-largest life insurer, is weighing an offer for a 40 percent stake that may ...