In 2022, the annualized premium for insurance policies in force in Japan amounted to 27.7 trillion Japanese yen. The annualized premium for the third sector insurance amounted to 7.2 trillion Japanese yen in that same year.
Annualized premium for insurance policies in force in Japan in 2022, by type
(in trillion Japanese yen)
**The third-sector insurance includes the annual equivalent insurance premiums for portions corresponding to medical coverage benefits (hospitalization benefits, surgical benefits, etc.), pre-death benefit guarantees (specified disease benefits, long-term care benefits, etc.), and premium payment exemption benefits (excluding those based on disabilities, including those based on specified disease contraction, long-term care, etc.).
100 Japanese yen equal 0.68 U.S. dollars or 0.63 euros as of February 2024.
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LIAJ. (November 30, 2023). Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/
LIAJ. "Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen)." Chart. November 30, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/
LIAJ. (2023). Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/
LIAJ. "Annualized Premium for Insurance Policies in Force in Japan in 2022, by Type (in Trillion Japanese Yen)." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/
LIAJ, Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/ (last visited October 02, 2024)
Annualized premium for insurance policies in force in Japan in 2022, by type (in trillion Japanese yen) [Graph], LIAJ, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/1450460/japan-annualized-premium-for-insurance-policies-in-force-by-type/
