In the fiscal year 2023, voluntary automobile insurance accounted for the largest share of direct premiums written by non-life insurance companies in Japan, amounting to around 4.3 trillion Japanese yen. The total value of direct premiums written in the general insurance market decreased year on year.
Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line
(in billion Japanese yen)
fiscal year 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
including direct premiums written overseas
Supplementary notes
The figures are the totals for general insurance companies that are members of the General Insurance Association of Japan.
Note: direct premiums written = gross direct premiums (including the savings portion of maturity-refund type insurance premiums) - various returns other than maturity refunds (including return premiums for cancellation, no-claim returns, and return premiums resulting from the decrease of insurable risks)
100 Japanese yen equal 0.69 U.S. dollars or 0.62 euros as of October 2024.
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GIAJ. (October 1, 2024). Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line (in billion Japanese yen) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/
GIAJ. "Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line (in billion Japanese yen)." Chart. October 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/
GIAJ. (2024). Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/
GIAJ. "Direct Premiums Written by General Insurance Companies in Japan in Fiscal Year 2023, by Product Line (in Billion Japanese Yen)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/
GIAJ, Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line (in billion Japanese yen) Statista, https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/ (last visited December 22, 2024)
Direct premiums written by general insurance companies in Japan in fiscal year 2023, by product line (in billion Japanese yen) [Graph], GIAJ, October 1, 2024. [Online]. Available: https://www.statista.com/statistics/1279772/japan-value-direct-premiums-written-non-life-insurers-by-product-line/
