Ownership rate of earthquake insurance in Japan 2014-2023

Published by Statista Research Department, Oct 1, 2024

In 2023, the ownership ratio of earthquake insurance on dwelling risks among households in Japan stood at 35.1 percent, slightly up from 35 percent in 2022. In Japan, earthquake insurance can be added as an optional rider to fire insurance and covers homes and household goods against damage caused by earthquakes.

Ownership ratio of earthquake insurance on dwelling risks among households in Japan from 2014 to 2023

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Release date

October 2024

Region

Japan

Survey time period

2014 to 2023; as of year-end

Supplementary notes

The statistic represents the ratio of the number of earthquake insurance policies to the number of households on the Basic Resident Register in Japan.

Based on figures of non-life insurance companies, excluding cooperatives.

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Overview

5

Companies and agencies

5

Key players

6

Premiums written

6

Claims paid

5

Foreign insurers

4

Cooperatives

5

Small amount and short-term insurers

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Consumer perspective

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