Japan Life Insurance Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
• The Japanese life insurance market had total gross written premiums of $317.0 billion in 2022, representing a compound annual growth rate (CAGR) of -0.8% between 2017 and 2022.
• The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $281.8 billion, equivalent to 88.9% of the market's overall value.
• The Pension/Annuity segment contributed gross written premiums of $35.2 billion in 2022, equating to 11.1% of the market's aggregate value.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Japan
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Japan
• Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Japan life insurance market with five year forecasts

Reasons to Buy

• What was the size of the Japan life insurance market by value in 2022?
• What will be the size of the Japan life insurance market in 2027?
• What factors are affecting the strength of competition in the Japan life insurance market?
• How has the market performed over the last five years?
• What are the main segments that make up Japan's life insurance market?