Number of life insurance policies in force of cooperatives in Japan FY 2016-2021

Published by Statista Research Department, Feb 27, 2023
In the fiscal year 2021, cooperative insurers in Japan recorded over 61.4 million life insurance policies in force. This represented a year-on-year increase of about 0.1 percent. Various types of cooperatives in Japan, such as agricultural or consumer cooperatives, offer insurance products to their members. The insurance business of cooperatives is also known as Kyosai, the Japanese term for mutual aid.

Number of life insurance policies in force of cooperative insurers in Japan from fiscal year 2016 to 2021 (in millions)

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Release date

February 2023

Region

Japan

Survey time period

fiscal year 2016 to 2021; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

Figures are based on the business results of member societies of the Japan Cooperative Insurance Association Incorporated (JCIA).

Figures prior to fiscal year 2017 are from previous reports.

Values have been rounded.

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Overview

6

Companies and agencies

4

Assets and investment

3

Key players

6

Premium income and benefits paid

7

Individual life insurance

6

Cooperatives

4

Small amount and short-term insurers

4

Customer demographics

6

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Topics

Life insurance industry in JapanDemographics of JapanHealth care in JapanInsurance industry in JapanFinancial sector in Japan
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