In the fiscal year 2023, the premium income of small amount and short-term insurance companies in Japan amounted to around 143.5 billion Japanese yen. This represented an increase of seven percent compared to the previous year. Small amount and short-term insurance companies offer so-called mini insurance products with low premiums. Depending on the product type, the period of insurance ranges from one to two years, and insurance benefits are limited to certain amounts.
Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023
(in billion Japanese yen)
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The Small Amount & Short Term Insurance Association of Japan. (July 4, 2024). Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/
The Small Amount & Short Term Insurance Association of Japan. "Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in billion Japanese yen)." Chart. July 4, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/
The Small Amount & Short Term Insurance Association of Japan. (2024). Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/
The Small Amount & Short Term Insurance Association of Japan. "Premium Income of Small Amount and Short-term Insurance (Sasti) Companies in Japan from Fiscal Year 2016 to 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 4 Jul 2024, https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/
The Small Amount & Short Term Insurance Association of Japan, Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/ (last visited December 07, 2024)
Premium income of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in billion Japanese yen) [Graph], The Small Amount & Short Term Insurance Association of Japan, July 4, 2024. [Online]. Available: https://www.statista.com/statistics/1291473/japan-premium-income-small-amount-short-term-insurance-companies/