Life insurer body rules out simultaneous guaranteed yield cuts

TOKYO, Japan - Ikuo Uno, chairman of the Life Insurance Association of Japan, speaks at a press conference at the Bank of Japan's head office in Tokyo on June 15. He ruled out the possibility of all insurers conducting simultaneous cuts to guaranteed yields they promised to earn in soliciting policyholders.

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ILEA000008902

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2001/6/15 00:00:00

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Kyodo / Kyodo News Images

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