In the fiscal year 2023, auto insurance accounted for the largest share of direct net premiums written by foreign non-life insurance companies in Japan, amounting to around 211.4 billion Japanese yen. By comparison, compulsory automobile liability insurance (CALI) generated about 11.8 billion yen in direct net premiums.
Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class
(in billion Japanese yen)
Characteristic
Direct net premiums written in billion Japanese yen
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
excluding maturity refund premiums
Supplementary notes
The statistic represents business results of foreign non-life insurance companies that are members of the Foreign Non-Life Insurance Association of Japan, including domestic companies with foreign ownership of 50 percent or more and foreign companies that are licensed as branches.
100 Japanese yen equal 0.62 U.S. dollars or 0.58 euros as of July 2024. Values have been rounded.
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Foreign Non-Life Insurance Association of Japan. (June 28, 2024). Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class (in billion Japanese yen) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/
Foreign Non-Life Insurance Association of Japan. "Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class (in billion Japanese yen)." Chart. June 28, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/
Foreign Non-Life Insurance Association of Japan. (2024). Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/
Foreign Non-Life Insurance Association of Japan. "Direct Net Premiums Written by Foreign General Insurance Companies in Japan in Fiscal Year 2023, by Business Class (in Billion Japanese Yen)." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/
Foreign Non-Life Insurance Association of Japan, Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class (in billion Japanese yen) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/ (last visited November 10, 2024)
Direct net premiums written by foreign general insurance companies in Japan in fiscal year 2023, by business class (in billion Japanese yen) [Graph], Foreign Non-Life Insurance Association of Japan, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1295741/japan-direct-net-premium-written-foreign-non-life-insurance-companies-by-business-class/
