According to a survey conducted in 2021, the life insurance ownership rate among households in Japan stood at almost 90 percent. Since 2009, the share of households in which at least one member has taken out life insurance has slightly decreased.
Life insurance ownership rate among households in Japan from 2009 to 2021
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Statistics on Life insurance industry in Japan
Overview
6
- Premium Statistic Leading premium writing countries globally 2021, by premiums
- Premium Statistic Life insurance market share to gross premium in Japan FY 2016-2021
- Premium Statistic Life insurance penetration in Japan FY 2012-2021
- Premium Statistic Life insurance density in Japan FY 2012-2021
- Premium Statistic Tertiary Industry Activity Index of the life insurance industry in Japan 2013-2022
- Premium Statistic InsurTech market size for life insurance in Japan FY 2017-2024
Companies and agencies
4
- Premium Statistic Number of life insurers in Japan 2017-2022
- Premium Statistic Number of direct salespersons of life insurance companies in Japan FY 2016-2021
- Premium Statistic Number of life insurance agencies in Japan FY 2016-2021, by type
- Premium Statistic Number of sales representatives of life insurance agencies in Japan FY 2016-2021
Assets and investment
3
Key players
6
- Premium Statistic Premium income of major life insurance companies in Japan FY 2016-2021
- Premium Statistic Net income of major life insurance companies in Japan FY 2016-2021
- Premium Statistic Nippon Life Group's insurance revenue FY 2016-2021
- Premium Statistic Dai-ichi Life Group's premium and other income FY 2016-2022
- Premium Statistic Meiji Yasuda Life Insurance Group's premium and other income FY 2016-2021
- Premium Statistic Japan Post Insurance's premium and other income FY 2013-2021
Premium income and benefits paid
7
- Premium Statistic Premium and other income of life insurers in Japan FY 2012-2021
- Premium Statistic Premium income of life insurers in Japan FY 2012-2021, by type
- Premium Statistic Annualized premium of individual life insurance policies in force Japan FY 2012-2021
- Premium Statistic Annualized premium of life insurance policies in force in Japan FY 2012-2021, by type
- Premium Statistic Annualized premium of third-sector insurance policies in force in Japan FY 2012-2021
- Premium Statistic Benefits paid by life insurers in Japan FY 2012-2021
- Premium Statistic Benefits paid by life insurers in Japan FY 2012-2021, by type
Individual life insurance
6
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2012-2021
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2021, by type
- Premium Statistic Value individual life insurance policies in force in Japan FY 2012-2021
- Premium Statistic Number of new individual life insurance policies in Japan FY 2012-2021
- Premium Statistic Newly issued individual life insurance policies in Japan FY 2021, by type
- Premium Statistic Value of new individual life insurance policies in Japan FY 2012-2021
Cooperatives
4
- Premium Statistic Number of life insurance policies in force of cooperatives in Japan FY 2016-2021
- Premium Statistic Premium income from life insurance of cooperatives in Japan FY 2015-2021
- Premium Statistic Number of annuity insurance policies in force of cooperatives in Japan FY 2016-2021
- Premium Statistic Premium income from annuity insurance of cooperatives in Japan FY 2016-2021
Small amount and short-term insurers
4
- Premium Statistic Number of small amount and short-term insurers in Japan FY 2021, by type
- Premium Statistic Policies in force of small amount and short-term insurers in Japan FY 2016-2021
- Premium Statistic Breakdown of policies in force of small amount insurers in Japan FY 2021, by line
- Premium Statistic Premium income from life and health insurance of mini insurers in Japan FY 2016-2021
Customer demographics
6
- Premium Statistic Insurance policy purchases Japan 2009-2021, by sales channel
- Premium Statistic Japanese consumers purpose to buy life insurance 2021
- Premium Statistic Life insurance ownership among households in Japan 2009-2021
- Premium Statistic Life insurance ownership among households in Japan 2009-2021, by insurer type
- Premium Statistic Life insurance ownership among households in Japan 2021, by age of household head
- Premium Statistic Annual expenses for medical insurance per household in Japan 2015-2021
Further related statistics
21
- Life insurance ownership among households in Japan 2009-2021
- Life insurance ownership among households in Japan 2021, by age of household head
- Largest life insurance companies globally May 2023, by market capitalization
- Life insurance ownership among households in Japan 2021, by income
- Largest U.S. life insurance companies 2023, by market cap
- Major life insurance companies Philippines 2022, by premium income
- Major life insurance companies Philippines 2022, by assets
- Market share of life insurance companies Hong Kong H1 2022, by value of new business
- Life insurance distribution channels in the U.S. 2019-2021
- Value of gross written life insurance premiums Nigeria 2000-2022
- Value of gross written life insurance premiums South Africa 2000-2021
- Value of gross written life insurance premiums Kenya 2000-2022
- Number of life insurance companies in Belgium 2008-2022
- Traditional life insurance premium income Philippines 2017-2022
- Total value of variable life insurance premium income Philippines 2017-2022
- Revenue in gross written premiums of life insurance companies Belgium 2008-2021
- Belgium, Luxembourg, Netherlands: life insurance premiums to population 2004-2020
- Life insurance ownership in the U.S. 2011-2022
- Leading U.S. life insurance companies 2021, by assets
- Number of life insurance companies in the U.S. 1950-2021
- Market share of life insurance industry India FY 2017-2022, by type of insurer
Further Content: You might find this interesting as well
Japan Institute of Life Insurance. (December 20, 2021). Life insurance ownership rate among households in Japan from 2009 to 2021 [Graph]. In Statista. Retrieved May 30, 2023, from https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/
Japan Institute of Life Insurance. "Life insurance ownership rate among households in Japan from 2009 to 2021." Chart. December 20, 2021. Statista. Accessed May 30, 2023. https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/
Japan Institute of Life Insurance. (2021). Life insurance ownership rate among households in Japan from 2009 to 2021. Statista. Statista Inc.. Accessed: May 30, 2023. https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/
Japan Institute of Life Insurance. "Life Insurance Ownership Rate among Households in Japan from 2009 to 2021." Statista, Statista Inc., 20 Dec 2021, https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/
Japan Institute of Life Insurance, Life insurance ownership rate among households in Japan from 2009 to 2021 Statista, https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/ (last visited May 30, 2023)
Life insurance ownership rate among households in Japan from 2009 to 2021 [Graph], Japan Institute of Life Insurance, December 20, 2021. [Online]. Available: https://www.statista.com/statistics/1283347/japan-life-insurance-ownership-households/