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News
Prudential Life Insurance posts 12.6% profit dip after employee fraud
3+ mon, 2+ week ago (191+ words) Prudential Life Insurance said Tuesday that its core profit declined 12.6% to ¥40.2 billion in the fiscal year ended in March from a year earlier due to the fallout of fraud involving former and current employees. Insurance premium revenue fell 6.6% to ¥1,454.9 billion…...
Prudential Life extends ban on sales to 180 days amid customer swindle of ¥3 billion yen - TokyoReporter
4+ mon, 2+ week ago (163+ words) TOKYO (TR) — Prudential Life Insurance announced on Wednesday it will extend its self-imposed ban on new sales by 180 days following a massive fraud scandal in which employees swindled customers out of more than 3 billion yen. During a press conference, Prudential…...
Sony Life Insurance to investigate all contracts following allegations of financial fraud - TokyoReporter
4+ mon, 2+ week ago (211+ words) TOKYO (TR) – Following revelations that a Sony Life Insurance Co. employees had swindled dozens of customers, the company announced on Friday that it will launch an investigation into all insurance contracts handled by its employees and contracted agents. The former…...
Prudential hits pause on new sales at Japanese subsidiary
4+ mon, 2+ week ago (453+ words) Prudential Financial is halting new sales at a Japanese subsidiary as it aims to “reset the business model” there, the company’s CFO said Tuesday. On Tuesday, Prudential announced that it’s extending a previously enacted pause on new sales at its…...
Prudential Life Extends Sales Suspension by 180 Days
4+ mon, 2+ week ago (142+ words) Tokyo, April 22 (Jiji Press)--Prudential Life Insurance Co. said Wednesday that it will extend its voluntary suspension of sales activities for new contracts by 180 days until Nov. 5, following a fraud scandal involving its employees. The suspension was originally scheduled for…...
Prudential of Japan extends new business halt after misconduct
4+ mon, 2+ week ago (585+ words) Insurance Business Prudential of Japan extends new business halt after misconduct Extension tied to fixing sales practices and management systems Prudential Life Insurance Company, Ltd. (“Prudential of Japan” or “POJ”) has extended its suspension of new business in Japan for…...
Damage reports to Prudential surge; halt on sales extended | The Asahi Shimbun: Breaking News, Japan News and Analysis
4+ mon, 2+ week ago (589+ words) April 22, 2026 at 18:09 JST A massive financial misconduct scandal at Prudential Life Insurance Co. could expand and also implicate employees at a group company, with the number of damage reports and inquiries from customers more than doubling to about 700. The claims…...
Prudential Life Insurance suspends sales for additional 180 days
4+ mon, 2+ week ago (135+ words) The Japan Times Prudential Life Insurance is extending its initial 90-day sales suspension for an additional 180 days after disclosing that around 400 more complaints have been filed against current and former employees for alleged misappropriation of customer funds, bringing the total…...
Prudential Extends Life Insurance Sales Suspension in Japan
4+ mon, 3+ week ago (295+ words) Prudential Financial announced on Tuesday, April 21, that it will extend a voluntary suspension of new life insurance sales in Japan until Nov 5. The company initially paused operations in February following a regulatory probe into widespread employee misconduct within its Japanese…...
Prudential Financial's Japan Operations Suspected Of Fraud At Gibraltar Life Unit, Nikkei reports
4+ mon, 3+ week ago (30+ words) TradingView Prudential Financial's Japan Operations Suspected Of Fraud At Gibraltar Life Unit, Nikkei reports More news from Reuters...