Sumitomo Life to Keep JGB Investment Pace Steady
Sumitomo Life Insurance announced it will carefully monitor super-long Japanese government bond yields while keeping its investment pace unchanged in the second half of the year. The firm expects the Bank of Japan to raise interest rates further in December and April.
Sumitomo Life Insurance will maintain its investment pace for Japanese government bonds through the second half of fiscal 2026 while monitoring yields in Japan. The institution's asset liability management portfolio continues to shift amid ongoing domestic monetary policy tightening. Insurers face shifting returns as the central bank adjusts policy rates.
