Number of life insurance policies in force of cooperatives in Japan FY 2016-2023

Published by Statista Research Department, Mar 18, 2025

In the fiscal year 2023, cooperative insurers in Japan recorded over 60.8 million life insurance policies in force. This represented a year-on-year decrease of 1.3 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 2023 (in millions)

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Release date

January 2025

Region

Japan

Survey time period

fiscal year 2016 to 2023; 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 2019 are from previous reports.

Values have been rounded.

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