Value individual life insurance policies in force in Japan FY 2013-2022

Published by Statista Research Department, Dec 4, 2023

The value of individual life insurance policies in force in Japan amounted to approximately 794 trillion Japanese yen in the fiscal year 2022, showing a decrease from 806 trillion yen in the previous year. Term insurance accounted for the largest amount of policies in force. The number of individual life insurance policies in force increased year on year.

Value of individual life insurance policies in force in Japan from fiscal year 2013 to 2022 (in trillion Japanese yen)

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Release date

November 2023

Region

Japan

Survey time period

fiscal years 2013 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

Data prior to fiscal year 2018 are from previous reports.

Figures reflect the business results of member companies of The Life Insurance Association of Japan.

100 Japanese yen equal 0.66 U.S. dollars or 0.63 euros as of November 2023.

Values have been rounded.

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