"Unless you owned a company in Japan to see this up close and personal, you'd never have...

|By:, SA News Editor

"Unless you owned a company in Japan to see this up close and personal, you'd never have believed we'd be where we are today," says an insurance exec of the difficulties low long-term rates are posing for life insurers. Some firms are making adjustments, others (MET) shifting focus to emerging markets, and others (ING, AV) looking to exit the market altogether.