Number of life insurance policies in force of cooperatives in Japan FY 2016-2022

Published by Statista Research Department, Feb 20, 2024

In the fiscal year 2022, cooperative insurers in Japan recorded over 61.6 million life insurance policies in force. This represented a year-on-year increase of 0.3 percent. Various types of cooperatives in Japan, such as agricultural or consumer cooperatives, offer insurance products to their members. The insurance business of cooperatives is also known as Kyosai, the Japanese term for mutual aid.

Number of life insurance policies in force of cooperative insurers in Japan from fiscal year 2016 to 2022 (in millions)

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Release date

February 2024

Region

Japan

Survey time period

fiscal year 2016 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

Figures are based on the business results of member societies of the Japan Cooperative Insurance Association Incorporated (JCIA).

Figures prior to fiscal year 2018 are from previous reports.

Values have been rounded.

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