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, 2011-2015 (1)

Year Population
2011 126,475,664
2012 127,368,088
2013 127,253,075
2014 127,103,388
2015 126,919,659

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $4,338.0
2012 4,389.0
2013 4,729.0
2014 4,807.0
2015 4,830.0

(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.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $105,891
Life premiums 343,816
Total premiums $449,707
Percent of total world premiums 9.88%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

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Leading Nonlife Insurance Companies, 2014

 

  Gross written premiums
Company JYP Mn USD Mn
Sompo Japan Nipponkoa  2,421,208.3 22,853.5
Tokio Marine & Nichido  2,304,130.1 21,748.4
Mitsui Sumitomo  1,668,208.0 15,746.0
Aioi Nissay Dowa  1,278,122.9 12,064.0
Fuji  305,424.3 2,882.9
AIU  255,317.1 2,409.9
Kyoei  205,999.3 1,944.4
Nisshin  152,367.5 1,438.2
Sony  90,495.3 854.2
American Home  83,968.2 792.6

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2014

 

  Gross written premiums
Company JPY Mn USD Mn
Nippon  5,335,722.0 50,363.1
Japan Post  4,257,697.0 40,187.8
Meiji Yasuda  3,400,185.0 32,093.9
Dai-ichi  3,265,016.0 30,818.0
Sumitomo  2,575,476.0 24,309.6
Dai-ichi Frontier  1,715,580.0 16,193.1
Aflac  1,495,218.0 14,113.2
MetLife Alico  1,444,668.0 13,636.0
Mitsui Sumitomo Primary  1,054,048.0 9,949.0
Gibraltar  1,002,293.0 9,460.5

Source: Axco Insurance Information Services.

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