Net premiums written for compulsory automobile insurance in Japan FY 2014-2023

Published by Statista Research Department, Oct 10, 2024

In the fiscal year 2023, net premiums written for compulsory automobile insurance (CALI) by non-life insurance companies in Japan amounted to around 696.7 billion Japanese yen, reaching a decade-low. Net premiums written for voluntary car insurance reached more than 4.3 trillion yen.

Net premiums written for compulsory automobile liability insurance (CALI) in Japan from fiscal year 2014 to 2023 (in billion Japanese yen)

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Release date

October 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

The figures are the totals for general insurance companies that are members of the General Insurance Association of Japan (GIAJ).

Note: net premiums written = direct premiums written + inward reinsurance net premiums - outward reinsurance net premiums - savings portion of maturity - refund type insurance premiums.

Figures prior to fiscal year 2019 are from previous reports.

100 Japanese yen equal 0.69 U.S. dollars or 0.62 euros as of October 2024.

Values have been rounded.

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