Japan insurers seek change

Under the proposal, bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting. — Reuters

TOKYO: A Japanese accounting group is seeking to ease rules on how life insurers book paper losses on government bonds. 

Under the proposal, bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting.