In the fiscal year 2023, about 12.6 million new individual life insurance policies were issued in Japan, accounting for the majority of new life insurance policies that year. The number of newly purchased group life insurance policies stood at around 3.7 million.
Number of newly issued life insurances in Japan in fiscal year 2023, by type
(in millions)
the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
*Individual life insurance includes insurance against death, mixed insurance, and pure endowment.
**The number of group insurance refers to persons insured.
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Statistics Bureau of Japan. (November 22, 2024). Number of newly issued life insurances in Japan in fiscal year 2023, by type (in millions) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/
Statistics Bureau of Japan. "Number of newly issued life insurances in Japan in fiscal year 2023, by type (in millions) ." Chart. November 22, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/
Statistics Bureau of Japan. (2024). Number of newly issued life insurances in Japan in fiscal year 2023, by type (in millions) . Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/
Statistics Bureau of Japan. "Number of Newly Issued Life Insurances in Japan in Fiscal Year 2023, by Type (in Millions) ." Statista, Statista Inc., 22 Nov 2024, https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/
Statistics Bureau of Japan, Number of newly issued life insurances in Japan in fiscal year 2023, by type (in millions) Statista, https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/ (last visited December 23, 2024)
Number of newly issued life insurances in Japan in fiscal year 2023, by type (in millions) [Graph], Statistics Bureau of Japan, November 22, 2024. [Online]. Available: https://www.statista.com/statistics/726180/newly-issued-life-insurances-japan/
