Japan: annualized premium for insurance policies in force by type

In 2022, the annualized premium for insurance policies in force in Japan amounted to 27.7 trillion Japanese yen. The annualized premium for the third sector insurance amounted to 7.2 trillion Japanese yen in that same year.

Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen)

Characteristic	Annualized premium in trillion Japanese yen
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Release date

November 2023

More information

Region

Japan

Survey time period

2022

Supplementary notes

*Including individual annuity insurance.

**The third-sector insurance includes the annual equivalent insurance premiums for portions corresponding to medical coverage benefits (hospitalization benefits, surgical benefits, etc.), pre-death benefit guarantees (specified disease benefits, long-term care benefits, etc.), and premium payment exemption benefits (excluding those based on disabilities, including those based on specified disease contraction, long-term care, etc.).

100 Japanese yen equal 0.68 U.S. dollars or 0.63 euros as of February 2024.

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