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Life insurance giant “Prudential Life Insurance” sales staff illegally collected funds from customers, and the Financial Services Agency of Japan issued an order to close some of its businesses on October 9. From October 13 to the end of January next year, the company will suspend operations such as signing new insurance policies. Japan's Financial Services Agency also issued a business rectification order to Japan's Prudential Holdings and ordered the group's “Gibraltar Life Insurance” to close part of its business.

Zhitongcaijing·10/09/2026 12:49:01
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Life insurance giant “Prudential Life Insurance” sales staff illegally collected funds from customers, and the Financial Services Agency of Japan issued an order to close some of its businesses on October 9. From October 13 to the end of January next year, the company will suspend operations such as signing new insurance policies. Japan's Financial Services Agency also issued a business rectification order to Japan's Prudential Holdings and ordered the group's “Gibraltar Life Insurance” to close part of its business.