Life insurance penetration in Japan FY 2013-2022

Published by Statista Research Department, Jan 8, 2024

In the fiscal year 2022, life insurance penetration in Japan stood at about six percent. Insurance penetration is an indicator of the insurance sector's contribution to the economy and measures direct gross insurance premiums in a country as a share of the gross domestic product (GDP).

Life insurance penetration rate in Japan from fiscal year 2013 to 2022

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Source

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Release date

January 2024

Region

Japan

Survey time period

fiscal year 2013 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

The source does not provide an exact publication date. Date given here is the day of data access.

Premiums were converted into US dollars using end-of-period exchanges rates for figures valued at the end of the year, and period-average exchange rates for flows during the year.

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