Group 1 - A Japanese accounting body is seeking to relax regulations regarding how life insurance companies account for book losses on government bonds [1][2] - The proposal allows life insurance companies to treat government bonds held to match long-term policies as held-to-maturity, under specific conditions, without needing to recognize impairment [1][2] - The Japan Certified Public Accountants Association published the proposal on its website and is soliciting public comments [1][2] Group 2 - On Wednesday afternoon, insurance stocks led the Tokyo stock market, with the Tokyo Stock Exchange Insurance Index rising by 2.7%, outperforming the benchmark Tokyo Stock Exchange Index, which increased by 1.2% [3]