InsuranceJapanese affiliate of US giant makes move after customer exploitation scandalPrudential President Hiromitsu Tokumaru. The insurer also plans to reduce the number of executive officers -- who currently number more than 30 -- and clarify the responsibilities and roles of each. (Photos by Shintaro Ino and Kazuho Ishihara)Nikkei staff writersJuly 27, 2026 13:17 JSTTOKYO -- Prudential Life Insurance has decided to abolish a salary system that leans heavily on commissions, Nikkei learned on Monday, as the performance-based system has been cited as an incentive for misconduct. Under the new system, salespeople will be paid about 300,000 yen a month (around $1,834), sources say.