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Sumitomo Life Said to Take Step to Avoid Marking Bond Losses

Summary by Bloomberg
Sumitomo Life Insurance Co. is taking an unusual step to avoid writing down losses on its debt assets, promising to never sell them while they are in the red, according to a person familiar with the matter.

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Sumitomo Life Said to Take Step to Avoid Marking Bond Losses

Sumitomo Life Insurance Co. is taking an unusual step to avoid writing down losses on its debt assets, promising to never sell them while they are in the red, according to a person familiar with the matter.

·United States
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Bloomberg broke the news in United States on Thursday, October 2, 2025.
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