Life insurers' annualized premiums from policies in force Japan FY 2014-2023, by type

Published by Statista Research Department, Dec 6, 2024

In the fiscal year 2023, annualized premiums from individual insurance policies in force of life insurers in Japan amounted to around 22.2 trillion Japanese yen. Annualized premiums from individual annuity insurance policies in force amounted to 6.1 trillion yen. The annualized premium is the amount of premium income which a life insurer would receive in one year, under the assumption that the premium is equally divided and paid throughout the entire contract period.

Annualized premiums from individual policies in force of life insurance companies in Japan from fiscal year 2014 to 2023, by type (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.

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