The intense performance-based system at Prudential Life Insurance has been identified as a major factor behind the rampant misconduct uncovered at the company, newly appointed CEO Hiromitsu Tokumaru says. https://www.japantimes.co.jp/business/2026/02/10/companies/prudential-life-new-ceo/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
Prudential Life Insurance will suspend sales of new insurance policies following the discovery of widespread financial misconduct involving current and former employees. https://www.japantimes.co.jp/business/2026/02/04/companies/prudential-life-suspension-sales/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #lifeinsurance #insurance #corporategovernance #fraud #businessethics
Japan’s midsize life insurers are joining larger peers in avoiding the nation’s superlong government debt, amid expectations yields will rise further as the government boosts spending to stimulate the economy. https://www.japantimes.co.jp/business/2026/01/27/companies/japan-insurers-avoid-long-bonds/?utm_medium=Social&utm_source=mastodon #business #companies #bonds #jgbs #lifeinsurance #investments
Nippon Life Insurance is studying further acquisition opportunities abroad after spending more than $12 billion on a string of deals a year ago, the company’s top executive has said. https://www.japantimes.co.jp/business/2025/12/22/companies/nippon-life-insurance-overseas-acquisition-ambitions/?utm_medium=Social&utm_source=mastodon #business #companies #lifeinsurance #nipponlife #investments
Three of Japan's four major life insurance companies enjoyed insurance premium income growth in April-September, their earnings reports have shown. https://www.japantimes.co.jp/business/2025/11/21/companies/life-insurers-revenue-growth/?utm_medium=Social&utm_source=mastodon #business #companies #lifeinsurance #sumitomolife #daiichilife #nipponlife #meijiyasuda
Rising yields in Japan are prompting some of its biggest life insurers to boost domestic bond holdings and pare overseas debt, with foreign returns no longer stacking up as they once did. https://www.japantimes.co.jp/business/2025/10/29/companies/insurers-foreign-debt-cut/?utm_medium=Social&utm_source=mastodon #business #companies #lifeinsurance #insurance #sumitomolife #daiichilife #meijiyasuda #jgb
Sumitomo Life Insurance will consider using digital technologies including generative artificial intelligence to support its sales agents, the company's president says. https://www.japantimes.co.jp/business/2025/10/19/companies/sumitomo-life-ai-interview/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomolife #lifeinsurance #ai #us
Sumitomo Life Insurance is taking an unusual step to avoid writing down losses on its debt assets, promising to never sell them while they are in the red. https://www.japantimes.co.jp/business/2025/10/03/sumitomo-life-jgb-losses/?utm_medium=Social&utm_source=mastodon #business #insurance #lifeinsurance #sumitomolifeinsurance #bonds #jgb
Sumitomo Life Insurance is taking an unusual step to avoid writing down losses on its debt assets, promising to never sell them while they are in the red. https://www.japantimes.co.jp/business/2025/10/03/companies/sumitomo-life-jgb-losses/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomolife #jgb #lifeinsurance
Dai-ichi Life is considering mergers and acquisitions in Southeast Asia as part of its plan to expand overseas, eyeing a growing but increasingly crowded market. https://www.japantimes.co.jp/business/2025/08/01/companies/dai-ichi-life-ma-southeast-asia/?utm_medium=Social&utm_source=mastodon #business #companies #daiichilife #mergers #acquisitions #lifeinsurance #southeastasia
Fukoku Life Insurance may increase its purchases of Japanese super-long bonds right as the nation’s debt market trembled this week ahead of Sunday's Upper House election. https://www.japantimes.co.jp/business/2025/07/18/companies/fukoku-life-bonds/?utm_medium=Social&utm_source=mastodon #business #companies #fukokulifeinsurance #2025upperhouseelection #lifeinsurance #bonds #jgb
Meiji Yasuda Life Insurance will actively avoid investing in Japanese superlong-term government bonds for the next year or two on expectations of further interest rate increases. https://www.japantimes.co.jp/business/2025/07/08/companies/meiji-yasuda-life-insurance-long-bonds-avoidance/?utm_medium=Social&utm_source=mastodon #business #companies #meijiyasuda #lifeinsurance #bonds #boj #investments