Major Japanese life insurers remain profitable despite the fact that the life sector has been facing low interest rates for more than two decades, says Moody's Japan.
Rising US interest rates will likely affect bond prices, but the impact could be limited for Taiwan's life insurance sector as life insurers amortise the losses resulting from the fall in bond prices in the longer term, the the Financial Supervisory Commission (FSC) has said.
GIC Re is likely to retain its status as reinsurer of first preference in India, two officials aware of the development told BloombergQuint requesting anonymity.
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