In the fiscal year 2021, life insurance penetration in Japan stood at about 5.3 percent. Insurance penetration is an indicator of the insurance sector's contribution to the economy and measures gross insurance premiums in a country as a share of the gross domestic product (GDP).
Life insurance penetration rate in Japan from fiscal year 2012 to 2021
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Other statistics that may interest you Insurance industry in Japan
Position in the global market
4
- Premium Statistic Market share of leading life and non-life direct premium writing territories 2022
- Premium Statistic Leading premium writing countries globally 2022, by premiums
- Premium Statistic Life and non-life insurance penetration in selected regions globally 2020-2022
- Premium Statistic Leading insurance companies globally 2022, by revenue
Key figures of the domestic market
6
- Premium Statistic Gross insurance premiums in Japan FY 2016-2021
- 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 Non-life insurance penetration in Japan FY 2016-2021
- Premium Statistic Life insurance density in Japan FY 2012-2021
- Premium Statistic Non-life insurance density in Japan FY 2016-2021
Life insurance
6
- Premium Statistic Value individual life insurance policies in force in Japan FY 2013-2022
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2013-2022
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2022, by type
- Premium Statistic Premium and other income of life insurers in Japan FY 2013-2022
- Premium Statistic Annualized premium of individual life insurance policies in force Japan FY 2013-2022
- Premium Statistic Benefits paid by life insurers in Japan FY 2013-2022
Non-life insurance
4
- Premium Statistic Direct premiums written by non-life insurance companies in Japan FY 2013-2022
- Premium Statistic Net premiums written non-life insurers Japan FY 2013-2022
- Premium Statistic Net premiums written non-life insurers Japan FY 2013-2022, by class of business
- Premium Statistic Value of net claims paid by non-life insurers in Japan FY 2013-2022
Life insurance companies
6
- Premium Statistic Number of life insurers in Japan 2017-2023
- Premium Statistic Premium income of major life insurance companies in Japan FY 2020-2022
- Premium Statistic Net income of major life insurance companies in Japan FY 2020-2022
- Premium Statistic Nippon Life Group's total assets 2017-2023
- Premium Statistic Dai-ichi Life Group's total assets 2017-2023
- Premium Statistic Meiji Yasuda Life Group's total assets 2016-2023
Non-life insurance companies
6
- Premium Statistic Number of general insurers Japan 2023, by type
- Premium Statistic Net premiums written by major non-life insurance groups in Japan FY 2016-2022
- Premium Statistic Net income of major non-life insurance groups in Japan FY 2016-2022
- Premium Statistic Tokio Marine Holdings' total assets 2014-2023
- Premium Statistic MS&AD Holdings' total assets FY 2013-2022
- Premium Statistic Sompo Holdings' total assets FY 2013-2022
Small amount and short-term insurers
4
- Premium Statistic Number of small amount and short-term insurers in Japan FY 2016-2022
- Premium Statistic Number of small amount and short-term insurers in Japan FY 2022, by type
- Premium Statistic Policies in force of small amount and short-term insurers in Japan FY 2016-2022
- Premium Statistic Premium income of small amount and short-term insurers in Japan FY 2016-2022
Distribution channels
6
- Premium Statistic General insurance agency number Japan FY 2013-2022
- Premium Statistic Breakdown of direct premiums written by non-life insurers Japan FY 2022, by channel
- Premium Statistic Number of life insurance agencies in Japan FY 2016-2022, by type
- Premium Statistic Insurance policy purchases Japan 2009-2021, by sales channel
- Premium Statistic Insurance shops market size in Japan FY 2014-2023
- Premium Statistic InsurTech market size for life insurance in Japan FY 2017-2024
Further Content: You might find this interesting as well
OECD. (February 22, 2023). Life insurance penetration rate in Japan from fiscal year 2012 to 2021 [Graph]. In Statista. Retrieved December 11, 2023, from https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/
OECD. "Life insurance penetration rate in Japan from fiscal year 2012 to 2021." Chart. February 22, 2023. Statista. Accessed December 11, 2023. https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/
OECD. (2023). Life insurance penetration rate in Japan from fiscal year 2012 to 2021. Statista. Statista Inc.. Accessed: December 11, 2023. https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/
OECD. "Life Insurance Penetration Rate in Japan from Fiscal Year 2012 to 2021." Statista, Statista Inc., 22 Feb 2023, https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/
OECD, Life insurance penetration rate in Japan from fiscal year 2012 to 2021 Statista, https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/ (last visited December 11, 2023)
Life insurance penetration rate in Japan from fiscal year 2012 to 2021 [Graph], OECD, February 22, 2023. [Online]. Available: https://www.statista.com/statistics/1283419/japan-life-insurance-penetration/