Market Research Logo

Non-Life Insurance in Japan

Non-Life Insurance in Japan

Summary

Non-Life Insurance in Japan industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2017 annual average exchange rates.
  • The Japanese non-life insurance market had total gross written premiums of $114.0bn in 2017, representing a compound annual growth rate (CAGR) of 2.7% between 2013 and 2017.
  • The motor segment was the market's most lucrative in 2017, with total gross written premiums of $56.2bn, equivalent to 49.3% of the market's overall value.
  • Gross written premiums only slightly increased in the motor insurance segment. Moreover, Japan is prone to natural disasters such as earthquakes, typhoons and floods, translating to higher demand for property insurance.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Japan
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Japan
  • Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Japan non-life insurance market with five year forecasts
Reasons to buy
  • What was the size of the Japan non-life insurance market by value in 2017?
  • What will be the size of the Japan non-life insurance market in 2022?
  • What factors are affecting the strength of competition in the Japan non-life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Japan's non-life insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Tokio Marine Holdings, Inc.
MS&AD Insurance Group Holdings, Inc.
Sompo Japan Nipponkoa Insurance Inc
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Japan non-life insurance market value: $ billion, 2013–17
Table 2: Japan non–life insurance market category segmentation: $ billion, 2017
Table 3: Japan non–life insurance market geography segmentation: $ billion, 2017
Table 4: Japan non-life insurance market share: % share, by value, 2017
Table 5: Japan non-life insurance market value forecast: $ billion, 2017–22
Table 6: Tokio Marine Holdings, Inc.: key facts
Table 7: Tokio Marine Holdings, Inc.: key financials ($)
Table 8: Tokio Marine Holdings, Inc.: key financials (¥)
Table 9: Tokio Marine Holdings, Inc.: key financial ratios
Table 10: MS&AD Insurance Group Holdings, Inc.: key facts
Table 11: MS&AD Insurance Group Holdings, Inc.: key financials ($)
Table 12: MS&AD Insurance Group Holdings, Inc.: key financials (¥)
Table 13: MS&AD Insurance Group Holdings, Inc.: key financial ratios
Table 14: Sompo Japan Nipponkoa Insurance Inc: key facts
Table 15: Sompo Japan Nipponkoa Insurance Inc: key financials ($)
Table 16: Sompo Japan Nipponkoa Insurance Inc: key financials (¥)
Table 17: Sompo Japan Nipponkoa Insurance Inc: key financial ratios
Table 18: Japan size of population (million), 2013–17
Table 19: Japan gdp (constant 2005 prices, $ billion), 2013–17
Table 20: Japan gdp (current prices, $ billion), 2013–17
Table 21: Japan inflation, 2013–17
Table 22: Japan consumer price index (absolute), 2013–17
Table 23: Japan exchange rate, 2013–17
List of Figures
Figure 1: Japan non-life insurance market value: $ billion, 2013–17
Figure 2: Japan non–life insurance market category segmentation: % share, by value, 2017
Figure 3: Japan non–life insurance market geography segmentation: % share, by value, 2017
Figure 4: Japan non-life insurance market share: % share, by value, 2017
Figure 5: Japan non-life insurance market value forecast: $ billion, 2017–22
Figure 6: Forces driving competition in the non-life insurance market in Japan, 2017
Figure 7: Drivers of buyer power in the non-life insurance market in Japan, 2017
Figure 8: Drivers of supplier power in the non-life insurance market in Japan, 2017
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Japan, 2017
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Japan, 2017
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Japan, 2017
Figure 12: Tokio Marine Holdings, Inc.: revenues & profitability
Figure 13: Tokio Marine Holdings, Inc.: assets & liabilities
Figure 14: MS&AD Insurance Group Holdings, Inc.: revenues & profitability
Figure 15: MS&AD Insurance Group Holdings, Inc.: assets & liabilities
Figure 16: Sompo Japan Nipponkoa Insurance Inc: revenues & profitability
Figure 17: Sompo Japan Nipponkoa Insurance Inc: assets & liabilities

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report