According to a survey conducted in September 2022, around 32.5 percent of small and medium-sized enterprises in Japan purchased property and casualty insurance because it was suggested by an insurance agency. The increasing complexity of risks was another reason to take out non-life insurance among SMEs.
Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022
among owners and employees of small and medium-sized enterprises that have taken out non-life insurance*; multiple answers possible
Method of interview
Online survey
Supplementary notes
*People concerned with non-life insurance contracts who have decision-making authority or are involved in the selection process.
Original question: "Please let us know the reason why your company has taken out property and casualty insurance for businesses. Please tell us about each of the following risks (hazards) you are insured against."
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GIAJ. (December 12, 2022). Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/
GIAJ. "Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022." Chart. December 12, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/
GIAJ. (2022). Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/
GIAJ. "Leading Reasons for Taking out General Insurance among Small and Medium-sized Enterprises in Japan as of September 2022." Statista, Statista Inc., 12 Dec 2022, https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/
GIAJ, Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022 Statista, https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/ (last visited December 22, 2024)
Leading reasons for taking out general insurance among small and medium-sized enterprises in Japan as of September 2022 [Graph], GIAJ, December 12, 2022. [Online]. Available: https://www.statista.com/statistics/1293887/japan-sme-non-life-insurance-purchase-reasons/