Japan FSA extends Prudential of Japan solicitation ban to Jan 31, 2027; improvement plans due Nov 2026

PRUDENTIAL FINANCIAL INC

Japan's FSA issued business suspension and improvement orders to Prudential of Japan (POJ), Gibraltar Life, and Prudential Holdings of Japan under the Insurance Business Act.
POJ's new-business solicitation ban extended to January 31, 2027; Gibraltar's partial suspension applies only to its Life Consultant channel through the same date, not the independent agency channel.
PHJ, POJ, and Gibraltar must submit business improvement plans to the FSA by end of November 2026 and report on progress regularly.
Prudential says POJ and Gibraltar remain financially sound; suspension does not apply to PGIM or other Japan units including Prudential Gibraltar Financial Life (PGFL).
Chairman & CEO Andy Sullivan and the CFO host a call at 8:00 a.m. ET Oct 9; findings follow the Special Investigation Committee probe disclosed Oct 8, 2026.

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