A spotlight has fallen on Prudential Life Insurance’s fully commission-based remuneration system, which is thought to have been a factor that led some of its employees to commit fraud over more than three decades. https://www.japantimes.co.jp/business/2026/02/12/companies/prudential-followup/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
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