(March 3): Japan Post Insurance Co plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer. The life insurer expects the Bank of Japan (BOJ) to raise interest rates again as soon as April. It’s one of the nation’s biggest insurers and held ¥50.35 trillion (RM1.25 trillion) in securities at the end of last year. Daiwa investmentWith a shrinking and ageing population pressuring its traditional businesses, Japan Post Insurance is trying to strengthen its asset management operations and diversify its revenue sources. As part of that effort, it invested in Daiwa Asset Management Co (Daiwa AM) in 2024.

Source: The Edge Markets March 03, 2026 11:10 UTC