In the fiscal year 2023, insurance policies in force of small amount and short-term insurance companies in Japan reached around 11.6 million, up by six percent compared to fiscal 2022. Small amount and short-term insurance companies offer so-called mini insurance products with low premiums. Depending on the type of product, the period of insurance ranges from one to two years, and insurance benefits are limited to certain amounts.
Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023
(in millions)
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The Small Amount & Short Term Insurance Association of Japan. (July 4, 2024). Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in millions) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed
The Small Amount & Short Term Insurance Association of Japan. "Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in millions)." Chart. July 4, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed
The Small Amount & Short Term Insurance Association of Japan. (2024). Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in millions). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed
The Small Amount & Short Term Insurance Association of Japan. "Number of Policies in Force of Small Amount and Short-term Insurance (Sasti) Companies in Japan from Fiscal Year 2016 to 2023 (in Millions)." Statista, Statista Inc., 4 Jul 2024, https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed
The Small Amount & Short Term Insurance Association of Japan, Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in millions) Statista, https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed (last visited January 23, 2025)
Number of policies in force of small amount and short-term insurance (SASTI) companies in Japan from fiscal year 2016 to 2023 (in millions) [Graph], The Small Amount & Short Term Insurance Association of Japan, July 4, 2024. [Online]. Available: https://www.statista.com/statistics/1291364/japan-number-policies-in-force-small-amount-short-term-insurance-companies/?__sso_cookie_checker=failed