In the fiscal year 2022, Japan accounted for about 8.6 percent of direct gross insurance premiums written in life insurance markets in the OECD. The market share of the Japanese insurance industry in the OECD has been on a downward trend in recent years.
OECD market share of life insurance in Japan from fiscal year 2013 to 2022
fiscal year 2013 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
direct gross premiums basis
Supplementary notes
The source does not provide an exact publication date. Date given here is the day of data access.
Excluding Postal Life Insurance, Environmental Sanitation Trade Association Mutual Aid, Shopping Centre Promotion Association Mutual Aid, Consumers’ Co-operation Association Mutual Aid, Forest Co-operative Association Mutual Aid for Forest Disaster, Fishery Co-operative Association Mutual Aid, Small and Medium Enterprise Co-operative Association Mutual Aid, Agricultural co-operative Association Mutual Aid, Employee mutual aid, P&I club, and Small Amount and Short Term Insurance Providers.
Premiums were converted into US dollars using end-of-period exchanges rates for figures valued at the end of the year, and period-average exchange rates for flows during the year.
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OECD. (January 8, 2024). OECD market share of life insurance in Japan from fiscal year 2013 to 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/
OECD. "OECD market share of life insurance in Japan from fiscal year 2013 to 2022." Chart. January 8, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/
OECD. (2024). OECD market share of life insurance in Japan from fiscal year 2013 to 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/
OECD. "Oecd Market Share of Life Insurance in Japan from Fiscal Year 2013 to 2022." Statista, Statista Inc., 8 Jan 2024, https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/
OECD, OECD market share of life insurance in Japan from fiscal year 2013 to 2022 Statista, https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/ (last visited December 22, 2024)
OECD market share of life insurance in Japan from fiscal year 2013 to 2022 [Graph], OECD, January 8, 2024. [Online]. Available: https://www.statista.com/statistics/1445265/japan-life-insurance-market-share-oecd/