Amount of individual policies in force of life insurers in Japan FY 2014-2023

Published by Statista Research Department, Dec 6, 2024

The value of individual life insurance policies in force of life insurance companies in Japan amounted to approximately 790 trillion Japanese yen in the fiscal year 2023, showing a decrease from 794 trillion yen in the previous year. Term life insurance was the leading type of individual insurance based on amount of policies in force. The number of individual insurance policies in force increased compared to the previous year.

Value of individual insurance policies in force of life insurance companies in Japan from fiscal year 2014 to 2023 (in trillion Japanese yen)

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Release date

November 2024

Region

Japan

Survey time period

fiscal years 2014 to 2023; 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 2019 are from previous reports.

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

100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of December 2024.

Values have been rounded.

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