Nippon Life President Yoshinobu Tsutsui Says Negative Interest Rates Hurting Company

TOKYO—The conduct of Japan’s biggest private life insurer, Nippon Life Insurance Co., pronounced disastrous seductiveness rates are spiteful a company’s sales and bottom line, fasten a flourishing carol of successful people criticizing a executive bank’s latest assertive easing policy.

Yoshinobu Tsutsui, boss of Nippon Life, pronounced it has turn some-more formidable to sell yen-denominated products, generally those designed for investment and savings, as a association is forced to pull earnings lower. Earlier this month a insurer...

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