According to a survey conducted in 2023, around 35.2 percent of small and medium-sized enterprises in Japan did not take out property and casualty insurance because they considered the relevant risks to be unlikely. Another common reason for SMEs not to take out insurance was the lack of financial resources.
Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023
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GIAJ. (December 18, 2023). Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/
GIAJ. "Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023." Chart. December 18, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/
GIAJ. (2023). Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/
GIAJ. "Leading Reasons Why Small and Medium-sized Enterprises Have Not Taken out General Insurance in Japan as of September 2023." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/
GIAJ, Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023 Statista, https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/ (last visited December 22, 2024)
Leading reasons why small and medium-sized enterprises have not taken out general insurance in Japan as of September 2023 [Graph], GIAJ, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/1293895/japan-smes-not-purchasing-non-life-insurance-reasons/
