Number of new individual policies of life insurers in Japan FY 2023, by type

Published by Statista Research Department, Dec 5, 2024

In the fiscal year 2023, health insurance was the leading type of new individual insurance policies taken out with life insurance companies in Japan. Around 3.1 million new private health insurance policies were issued, compared to 2.3 million new whole life insurance policies. The number of new individual insurance policies taken out declined compared to the previous year.

Number of new individual insurance policies taken out with life insurance companies in Japan in fiscal year 2023, by type (in millions)

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Release date

November 2024

Region

Japan

Survey time period

fiscal year 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

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

Excluding converted contracts.

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