Business suspension order received from Japan’s Financial Services Agency ("FSA") for Prudential of Japan ("POJ") extends the period in which it cannot solicit new business to January 31, 2027, and partial business suspension order for Gibraltar Life ("Gibraltar") applies to its Life Consultant channel through the same date
Business improvement orders also received from the FSA require submission and execution of business improvement plans from Prudential Holdings of Japan ("PHJ"), POJ, and Gibraltar
Prudential Financial’s Chairman & CEO and CFO will host a conference call with the investment community today at 8:00 a.m. ET to discuss the orders, the estimated financial impacts, and the path ahead

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.