Insurance benefits paid life insurance Japan FY 2017, by type

The statistic depicts the insurance benefits paid for life insurance in Japan in fiscal year 2017, broken down by type. In the period examined, the value of benefits was highest at about 38.6 trillion Japanese yen, followed by claims paid at around 10.4 trillion yen.

Insurance benefits paid for life insurance in Japan in fiscal year 2017, by type (in trillion Japanese yen)*

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Source

Release date

February 2019

Region

Japan

Survey time period

fiscal year 2017; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

*Including Japan Post Insurance.
**Premiums that life insurers pay to reinsurers. Reinsurance is an insurance contract that life insurers concludes with underwriting companies for reinsurance for the purpose of spreading risks regarding the amount of the benefit to be paid under the insurance contracts the insurer has underwritten.

1 Japanese yen equals 0.00896 U.S. dollars or 0.00795 euros as of March 2019.
Figures have been rounded.

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