Japan's financial regulator has ordered Prudential to temporarily halt part of its business operations in the country. Few details were immediately available on the scope or duration of the suspension, which marks a new regulatory move against the insurer.

Oct 9, 2026

Economy

Prudential Life Leaders Return Part of Compensation After Misconduct Scandal

Prudential Life Insurance Co. announced that Chairman Hiromitsu Tokumaru and two other executives will voluntarily return 30% of their monthly pay for three months. The move is meant to show management accountability for sales staff misconduct, including improper collection of money from customers. The company said the pay return is voluntary rather than required by regulators.

Oct 8, 2026