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

Published by Statista Research Department, Dec 6, 2024

In the fiscal year 2023, the value of new individual insurance policies reported by life insurers in Japan, including converted contracts, amounted to 56.2 trillion Japanese yen. The value increased by 7.4 percent compared to the previous year.

Value of new individual policies 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

Special properties

including converted contracts

Supplementary notes

Figures 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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