Mitsui Life to boost investment

Mitsui Life Insurance plans to increase foreign bond investments without currency hedging by more than JPY240 billion (USD2.23 billion) in the current financial year to March 2019, a senior company official has said.

The firm also plans to increase investments in credit products, such as corporate bonds, in both Japanese and foreign markets, Hitoshi Maegawa, head of investment planning, told a news briefing.