In the fiscal year 2022, the annualized premiums of new third-sector insurance policies in Japan amounted to 546 million Japanese yen. The annualized premium is the amount of premium income which a life insurer would receive in one year, under the assumption that the premium is equally divided and paid throughout the entire contract period.
Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022
(in billion Japanese yen)
fiscal year 2018 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 reflect the business results of member companies of The Life Insurance Association of Japan.
In the third sector, annualized premium for appropriate amounts of health insurance benefits (hospitalization cost, surgery cost, etc.), living benefits (specified disease, long-term care, but excludes disability) are included.
100 Japanese yen equal 0.71 U.S. dollars or 0.64 euros as of January 2024.
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LIAJ. (December 12, 2023). Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/
LIAJ. "Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022 (in billion Japanese yen)." Chart. December 12, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/
LIAJ. (2023). Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/
LIAJ. "Annualized Premiums of New Third-sector Insurance Policies in Japan from Fiscal Year 2018 to 2022 (in Billion Japanese Yen)." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/
LIAJ, Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/ (last visited November 21, 2024)
Annualized premiums of new third-sector insurance policies in Japan from fiscal year 2018 to 2022 (in billion Japanese yen) [Graph], LIAJ, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/1428315/japan-annualized-premiums-of-new-third-sector-insurance-policies/
