Meiji Yasuda disciplines 90 over failure to pay insurance benefits

Meiji Yasuda disciplines 90 over failure to pay insurance benefits

TOKYO, Japan - Meiji Yasuda Life Insurance Co. Managing Director Kenji Matsuo, who will soon become president, bow in a gesture of apology at a press conference in Tokyo on Nov. 18. The company announced disciplinary actions against its incoming top executives and various other employees over itss undue failure to pay insurance benefits, bringing the number of company workers punished over the practice to 90.

Scandal-hit Meiji Yasuda decides to replace 11 executives

Scandal-hit Meiji Yasuda decides to replace 11 executives

TOKYO, Japan - Meiji Yasuda Life Insurance Co. said Nov. 4 it has decided to replace all nine of its most senior-level executives along with two other executives in order to take responsibility for its failure to pay insurance claims. At a news conference in Tokyo the same day were Managing Director Kenji Matsuo (R), who will succeed President Ryotaro Kaneko, and Managing Director Kenichi Sekiguchi (L), who will replace Chairman Mikihiko Miyamoto, both on Dec. 1.

Scandal-hit Meiji Yasuda decides to replace 11 executives

Scandal-hit Meiji Yasuda decides to replace 11 executives

TOKYO, Japan - Meiji Yasuda Life Insurance Co. said Nov. 4 it has decided to replace all nine of its most senior-level executives along with two other executives in order to take responsibility for its failure to pay insurance claims. At a news conference in Tokyo the same day was Managing Director Kenji Matsuo (R), who will succeed President Ryotaro Kaneko, and Managing Director Kenichi Sekiguchi (L), who will replace Chairman Mikihiko Miyamoto, both on Dec. 1. (Kyodo)

Meiji Yasuda disciplines 90 over failure to pay insurance benefi

Meiji Yasuda disciplines 90 over failure to pay insurance benefi

TOKYO, Japan - Meiji Yasuda Life Insurance Co. Managing Director Kenji Matsuo, who will soon become president, bow in a gesture of apology at a press conference in Tokyo on Nov. 18. The company announced disciplinary actions against its incoming top executives and various other employees over itss undue failure to pay insurance benefits, bringing the number of company workers punished over the practice to 90. (Kyodo)