Policies in force of small amount and short-term insurers in Japan FY 2016-2022

Published by Statista Research Department, Jan 18, 2024
In the fiscal year 2022, insurance policies in force of small amount and short-term insurance companies in Japan reached around 10.9 million, up by three percent compared to fiscal 2021.
Small amount and short-term insurance companies offer so-called mini insurance products with low premiums. Depending on the type of product, the period of insurance ranges from one to two years, and insurance benefits are limited to certain amounts.

Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2022 (in millions)

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Release date

July 2023

Region

Japan

Survey time period

fiscal year 2016 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

Figures reflect the business results of member companies of The Small Amount & Short Term Insurance Association of Japan.

Figures prior to fiscal year 2018 are from previous reports.

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