Japan’s lifers see Covid-19 risks, limited opportunities

The biggest risks for Japanese life insurers posed by the coronavirus outbreak are likely to come from movements in financial markets such as interest rates, equities, credit-spread products or currencies, according to credit rating agency analysts. The spread of Covid-19 from China and the fears of a global recession have led to volatility in global financial markets, which may have a meaningful negative impact on Japanese life insurers. Soichiro Makimoto Throughout the…