Japan Insurers Still Keen on Private Debt Amid Growing Red Flags

Japan’s largest life insurers are continuing plans to increase private credit investment in the fiscal year beginning April amid recent warning signals about the health of the sector, according to a survey by Bloomberg News.

Nippon Life Insurance Co., Meiji Yasuda Life Insurance Co. and Dai-ichi Life Insurance Co. said that they will maintain their current investment plans for the private lending sector, the survey conducted this month showed. Sumitomo Life Insurance Co. said its views on private credit investment haven’t changed but declined to comment on its investment policy.