Value of net claims paid by non-life insurers in Japan FY 2014-2023

Published by Statista Research Department, Oct 9, 2024

In the fiscal year 2023, the value of net claims paid by non-life insurance companies in Japan amounted to 5.33 trillion Japanese yen. Compared to the previous year, net claims paid decreased by one percent.

Value of net claims paid by non-life insurance companies in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen)

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Release date

October 2024

Region

Japan

Survey time period

fiscal years 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

The figures are the totals for GIAJ member companies.

Net claims paid = direct claims paid + inward reinsurance net claims paid - outward reinsurance claims received.

100 Japanese yen equal 0.69 U.S. dollars or 0.62 euros as of October 2024.

Figures have been rounded.

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