Premium income from individual insurance of life insurers in Japan FY 2014-2023

Published by Statista Research Department, Dec 6, 2024

In the fiscal year 2023, the premium income from individual insurance of life insurers in Japan amounted to around 28.1 trillion Japanese yen, up 7.6 percent from the previous year. Individual insurance was the leading product in terms of insurance premium income generated by Japanese life insurers. Their total income from premiums and other revenue sources amounted to over 42 trillion yen in the same year.

Premium income from individual insurance of life insurance companies in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen)

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Release date

November 2024

Region

Japan

Survey time period

fiscal year 2014 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 prior to fiscal year 2019 are from previous reports.

Figures reflect the business results of member companies of The Life Insurance Association of Japan.

100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of December 2024.

Values have been rounded.

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