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Market share of life insurance businesses based on annualized premiums in force in Japan in fiscal year 2023, by company type

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Sources

Release date

July 2025

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

Special properties

based on annualized premiums in force; as of March 2024

Supplementary notes

Number of companies by type

Major life insurance groups: n=11

Foreign companies (companies with foreign capital of 50 percent of more): n=13

Other domestic companies: n=14

Non-life insurance company-affiliated (subsidiaries of non-life insurance companies and groups): n=4

Based on the financial results of insurance companies in Japan.

Citation formats

Life insurance market share in Japan FY 2023, by company type

Published by Jenny Yang, Jul 3, 2025

Major life insurance groups accounted for **** percent of the life insurance market in Japan in the fiscal year 2023, based on annualized premiums in force. Annualized premiums in force of the life insurance business amounted to **** trillion Japanese yen.

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