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News
Japan's FSA to Conduct On-Site Inspection of Sony Life, Moving Quickly to Uncover Financial Misconduct — BigGo Finance
2+ week, 15+ hour ago (342+ words) During the inspection, FSA examiners are expected to be stationed at Sony Life's headquarters to investigate the causes of the misconduct and the effectiveness of internal controls. Based on the inspection results, penalties including business improvement orders and business suspension…...
Prudential Life Insurance Fraud Losses Reach ¥2.2 Billion as 125 Additional Victims Identified — BigGo Finance
1+ mon, 2+ week ago (390+ words) Prudential Life Insurance's compensation committee of external experts announced on the 24th that it has certified an additional 125 victims, with total losses of approximately ¥790 million ($4.8 million). This brings the total certified damages at the company and its group affiliate Gibraltar Life…...