Risk

AM Best revises Prudential Financial’s ERM assessment amid Japan misconduct probe

May 11 2026

The agency had also affirmed the insurer’s A+ financial strength rating for its key life/health subsidiaries, alongside affirming the parent’s “a-” issuer credit rating.

fitch-puts-prudential-on-negative-watch-after-270-day-japan-sales-halt-tied-to-misconduct

Fitch puts Prudential Financial on Rating Watch Negative following Japan sales suspension

May 5 2026

The ratings action follows a sales halt linked to conduct breaches at Prudential’s Japanese unit.

FM declares record US$1.5bn membership credit after low-loss year

May 4 2026

The amount was driven by historically low losses linked to over 48,000 prevention recommendations completed with clients in 2025.

prudential-says-it-remains-committed-to-japan-despite-misconduct-fallout-profit-hit

Prudential Financial committed to Japan despite misconduct fallout

April 27 2026

The insurer expects a US$525m-US$575m hit to 2026 pre-tax adjusted operating income as a prolonged Japan sales suspension weighs on earnings.

sony-life-to-scrap-exclusive-agency-model-widen-checks-after-fraud-case

Sony Life to scrap exclusive agency model, widen policy checks after internal fraud case

April 27 2026

The life insurer's checks will cover around 2.5 million policies, according to the Asahi Shimbun.

Lockton, CDP Group partner in Shanghai to boost cross-border employee benefits

April 24 2026

The partnership unifies insurance and human resources services to provide mobility, risk protection, and transparent benefits for expatriate and local talent.

insurer-secondees-found-to-have-removed-toyota-internal-data-without-authorisation

Insurer secondees leaked Toyota employee and partner information — Report

April 23 2026

Secondees from Tokio Marine & Nichido, Mitsui Sumitomo, and Aioi Nissay Dowa, may be in breach of information and competition laws.

prudential-life-japan-extends-voluntary-sales-suspension-by-180-days

Prudential Life Japan extends new-sales suspension by 180 days

April 22 2026

The extended pause follows an internal probe that found staff solicited about 500 customers for unapproved financial products.

ai-tools-can-mislead-consumers-drafting-insurance-complaints-nz-ombudsman-warns

Consumers being misled by AI when filing insurance complaints, says NZ ombudsman

April 17 2026

IFSO said AI can raise false expectations, cite irrelevant material, generate overly long complaints and create privacy risks.

taiwans-fsc-launches-incentive-scheme-to-steer-insurer-capital-into-strategic-industries

Taiwan's FSC launches incentive scheme to steer insurer capital into strategic sectors

April 17 2026

The regulator targets a cumulative investment of NT$180bn (US$9.50bn) by the third phase of the programme at the end of 2028.

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August