Key facts
- Japanese life insurers will no longer need to mark down government bond holdings when prices fall, per Nikkei.
- The revised accounting rules are set to take effect in fiscal 2030, Nikkei reported.
- Nikkei said the removal of the impairment requirement is seen supporting demand as debt prices fall.
- Falling bond prices had led to heavy unrealized losses for Japanese insurers, Nikkei reported.
Japanese life insurers will no longer be required to mark down the value of their government bond holdings to reflect falling prices, under revised accounting rules set to take effect in fiscal 2030, Nikkei reported on November 12, 2026.
The report said falling bond prices had produced heavy unrealized losses for Japanese insurers. It said the removal of the impairment requirement is seen supporting demand for government bonds as debt prices fall.
Nikkei did not name the body issuing the revised rules, and gave no figure for the unrealized losses or for insurer holdings of government debt.