In the fiscal year 2021, the insurance retention ratio in Japan was 83.1 percent. This was slightly above the OECD average. The retention ratio measures the proportion of premiums, or risk, that an insurer does not transfer to a reinsurer.
Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021
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OECD. (February 22, 2023). Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/
OECD. "Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021." Chart. February 22, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/
OECD. (2023). Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/
OECD. "Retention Ratio of The Insurance Market in Japan from Fiscal Year 2016 to 2021." Statista, Statista Inc., 22 Feb 2023, https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/
OECD, Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021 Statista, https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/ (last visited December 22, 2024)
Retention ratio of the insurance market in Japan from fiscal year 2016 to 2021 [Graph], OECD, February 22, 2023. [Online]. Available: https://www.statista.com/statistics/1359653/japan-insurance-retention-ratio/
