Japan

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

General Insurance Association of Japan
Web: www.sonpo.or.jp/en

 

POPULATION, 2011-2014 (1)

Year Population
2011 126,475,664
2012 127,368,088
2013 127,253,075
2014 127,103,388

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $4,487.0
2010 4,141.0
2011 4,338.0
2012 4,389.0
2013 4,729.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $108,174
Life premiums 371,588
Total premiums $479,762
Percent of total world premiums 10.04%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company JYP Mn USD Mn
TMN 2,230,071.7 22,850.0
Sompo Japan 1,609,528.7 16,491.8
Mitsui Sumitomo 1,608,007.6 16,476.2
Aioi ND 1,271,145.2 13,024.6
Nipponkoa 742,706.6 7,610.0
Fuji 303,535.0 3,110.1
AIU 246,367.8 2,524.4
Kyoei 202,968.5 2,079.7
Nisshin 151,917.2 1,556.6
Sony 87,370.9 895.2

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company JPY Mn USD Mn
Nippon 4,824,180.0 49,430.1
Japan Post 3,755,869.0 38,483.8
Meiji Yasuda 3,605,624.0 36,944.4
Dai-ichi 2,862,818.0 29,333.4
Sumitomo 2,500,078.0 25,616.6
Aflac 1,652,901.0 16,936.2
MetLife Alico 1,390,388.0 14,246.4
Dai-ichi Frontier 1,145,773.0 11,740.0
Sony 959,659.0 9,833.0
Gibraltar 947,713.0 9,710.6

Source: Axco Insurance Information Services.

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