Benefits paid by life insurance companies in Japan amounted to around 31.4 trillion Japanese yen in fiscal year 2021, an increase compared to the previous year. During the measured time period, the highest amount of insurance benefits, close to 35 trillion yen, was paid in fiscal year 2014.
Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen)
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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 2021
- Premium Statistic Leading premium writing countries globally 2021, by premiums
- Premium Statistic Life and non-life insurance penetration in selected regions globally 2021
- Premium Statistic Leading insurance companies globally 2021, 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 2012-2021
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2012-2021
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2021, by type
- Premium Statistic Premium and other income of life insurers in Japan FY 2012-2021
- Premium Statistic Annualized premium of individual life insurance policies in force Japan FY 2012-2021
- Premium Statistic Benefits paid by life insurers in Japan FY 2012-2021
Non-life insurance
4
- Premium Statistic Direct premiums written by non-life insurance companies in Japan FY 2012-2021
- Premium Statistic Net premiums written non-life insurers Japan FY 2012-2021
- Premium Statistic Net premiums written non-life insurers Japan FY 2012-2021, by class of business
- Premium Statistic Value of net claims paid by non-life insurers in Japan FY 2012-2021
Life insurance companies
6
- Premium Statistic Number of life insurers in Japan 2017-2022
- 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 2017-2022
- 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 2022, 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 2012-2021
- Premium Statistic Sompo Holdings' total assets FY 2012-2021
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 2012-2021
- Premium Statistic Breakdown of direct premiums written by non-life insurers Japan FY2021, by channel
- Premium Statistic Number of life insurance agencies in Japan FY 2016-2021, by type
- Premium Statistic Insurance policy purchases Japan 2009-2021, by sales channel
- Premium Statistic Insurance shops market size in Japan FY 2013-2022
- Premium Statistic InsurTech market size for life insurance in Japan FY 2017-2024
Consumer perspective
4
Further related statistics
18
- Life insurance death benefits paid in Japan FY 2012-2021
- Premium income of individual life insurance in Japan FY 2012-2021
- Annualized premium of third-sector insurance policies in force in Japan FY 2012-2021
- Greece insurance market: value of life benefits 2004-2019
- Belgian insurance market: value of life benefits paid 2004-2019
- Iceland life insurance market: value of life benefits paid 2007-2015
- Portugal insurance market: value of life benefits 2004-2020
- Denmark insurance market: value of life benefits paid 2004-2019
- Romanian insurance market: value of life benefits paid 2004-2019
- Spain life insurance market: value of life benefits paid 2004-2020
- Norwegian insurance market: value of life benefits paid 2004-2018
- Finnish insurance market: value of life benefits paid 2004-2019
- Turkey insurance market: value of life benefits paid 2004-2020
- France insurance market: value of life benefits paid 2004-2019
- Number of life insurance policies in Croatia Q1 2015-Q4 2019
- Number of insured pets South Korea 2013-2016
- Business expenses of Samsung Life Insurance South Korea 2022, by insurance type
- Canada: median employment insurance benefits to unattached individuals 2007-2020
Further Content: You might find this interesting as well
Statistics
- Life insurance death benefits paid in Japan FY 2012-2021
- Premium income of individual life insurance in Japan FY 2012-2021
- Annualized premium of third-sector insurance policies in force in Japan FY 2012-2021
- Greece insurance market: value of life benefits 2004-2019
- Belgian insurance market: value of life benefits paid 2004-2019
- Iceland life insurance market: value of life benefits paid 2007-2015
- Portugal insurance market: value of life benefits 2004-2020
- Denmark insurance market: value of life benefits paid 2004-2019
- Romanian insurance market: value of life benefits paid 2004-2019
- Spain life insurance market: value of life benefits paid 2004-2020
- Norwegian insurance market: value of life benefits paid 2004-2018
- Finnish insurance market: value of life benefits paid 2004-2019
- Turkey insurance market: value of life benefits paid 2004-2020
- France insurance market: value of life benefits paid 2004-2019
- Number of life insurance policies in Croatia Q1 2015-Q4 2019
- Number of insured pets South Korea 2013-2016
- Business expenses of Samsung Life Insurance South Korea 2022, by insurance type
- Canada: median employment insurance benefits to unattached individuals 2007-2020
LIAJ. (November 24, 2022). Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen) [Graph]. In Statista. Retrieved September 22, 2023, from https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/
LIAJ. "Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen)." Chart. November 24, 2022. Statista. Accessed September 22, 2023. https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/
LIAJ. (2022). Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: September 22, 2023. https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/
LIAJ. "Benefits Paid by Life Insurance Companies in Japan from Fiscal Year 2012 to 2021 (in Trillion Japanese Yen)." Statista, Statista Inc., 24 Nov 2022, https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/
LIAJ, Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/ (last visited September 22, 2023)
Benefits paid by life insurance companies in Japan from fiscal year 2012 to 2021 (in trillion Japanese yen) [Graph], LIAJ, November 24, 2022. [Online]. Available: https://www.statista.com/statistics/750386/japan-insurance-benefits-paid-individual-life-insurance/