BUSINESSMay 26 · 09:39 UTCBLOOMBERGNao Sano, Taiga Uranaka

Nippon Life Books Its First Impairment Loss in Current Bond Rout

Nippon Life Insurance Co. recorded its first impairment loss on Japanese government bonds amid a market rout, indicating paper losses on its debt holdings have reached levels requiring writedowns.

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Nippon Life Insurance Co.organizationJapanese government bondstopicimpairment losstopicbond market routtopicwritedownstopic

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