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July 24, 2026
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PRUDENTIAL LIFE
BUSINESS
/
Companies
May 26, 2026
Prudential Life Insurance posts 12.6% profit dip after employee fraud
It came to light in January that more than 100 former and current employees had fraudulently received about ?3.1 billion from roughly 500 customers.
BUSINESS
/
Companies
Apr 22, 2026
Prudential Life Insurance suspends sales for additional 180 days
The Japanese insurer has received more complaints related to alleged misuse of customer funds.
BUSINESS
/
Companies
Feb 12, 2026
Prudential¡¯s fraud scandal casts spotlight on fully commission-based remuneration
The model, which appears to be unique to Prudential in Japan, is thought to have been a factor that led some of the insurer¡¯s employees to commit fraud.
BUSINESS
/
Companies
Feb 10, 2026
Prudential Life¡¯s new CEO seeks to overhaul work culture in wake of fraud
The firm¡¯s compensation system, which is heavily weighted on performance, left employees on edge and played a major role in fueling the misconduct, the new CEO said.
BUSINESS
/
Companies
Feb 4, 2026
Life insurance firm pauses sales following revelation of financial misconduct
Prudential Life Insurance was found to have mishandled about ?3.1 billion through schemes ranging from fraud to borrowing money from clients.
BUSINESS
/
Companies
Jan 16, 2026
Over 100 employees of Prudential Life Insurance behind ?3.1 billion fraud, firm reveals
An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
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