Loss ratio non-life insurers in Japan FY 2014-2023

Published by Statista Research Department, Sep 26, 2024

In the fiscal year 2023, the loss ratio of general insurance companies in Japan stood at about 64.3 percent. The loss ratio measures the ratio of claims paid and loss adjustment expenses to net premiums written.

Loss ratio of general insurance companies in Japan from fiscal year 2014 to 2023

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Release date

September 2024

Region

Japan

Survey time period

fiscal year 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

as of the end of each fiscal year

Supplementary notes

The figures are the totals for general insurance companies that are the General Insurance Association of Japan (GIAJ) members.

The loss ratio measures the ratio of net claims paid and loss adjustment expenses to net premiums written.

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Overview

5

Companies and agencies

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Key players

6

Premiums written

6

Claims paid

5

Foreign insurers

4

Cooperatives

5

Small amount and short-term insurers

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Consumer perspective

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