Includes 3 FREE quarterly updates
As is the case for many of the major industries in that country, Japan's insurance sector differs markedly from its counterparts in other countries in important respects. In part because of mega-mergers (particularly in the non-life segment), companies have enormous scale by any standards. Insurers are an integral part of the peculiar financial sector of Japan, in which accumulated savings are enormous and are often channelled to the government and its agencies through Japanese government bonds (JGBs) or other securities.
Perhaps most crucially, the markets are orderly. Notwithstanding that some major lines (such as the autorelated business written by many of the major non-life companies) there is an absence of cutthroat competition. Barriers to entry to foreign groups are high. However, they are not insurmountable. Particular foreign groups with the absolute size, capital strength, brands, expertise in developing annuity products (especially) and long-established distribution relationships continue to flourish in Japan.
As is the case for many of the major industries in that country, Japan's insurance sector differs markedly from its counterparts in other countries in important respects. In part because of mega-mergers (particularly in the non-life segment), companies have enormous scale by any standards. Insurers are an integral part of the peculiar financial sector of Japan, in which accumulated savings are enormous and are often channelled to the government and its agencies through Japanese government bonds (JGBs) or other securities.
Perhaps most crucially, the markets are orderly. Notwithstanding that some major lines (such as the autorelated business written by many of the major non-life companies) there is an absence of cutthroat competition. Barriers to entry to foreign groups are high. However, they are not insurmountable. Particular foreign groups with the absolute size, capital strength, brands, expertise in developing annuity products (especially) and long-established distribution relationships continue to flourish in Japan.
BMI Industry View
Table: Total Premiums, 2010-2017
SWOT
Insurance
Business Environment
Economic
Political
Industry Forecast
Life
Table: Life Premiums, 2010-2017
Non Life
Table: Non-Life Premiums, 2010-2017
Industry Risk Reward Ratings
Table: Japan's Insurance Risk/Reward Ratings
Table: Developed States Insurance Risk/Reward Ratings
Market Overview
Life Sector Update
Non Life Sector Update
Industry Trends And Developments
Life Growth Drivers And Risk Management Projections
Population
Table: Insurance Key Drivers, Demographics, 2010-2017
Non Life Growth Drivers And Risk Management Projections
Macroeconomic Outlook
Table: Japan - Economic Activity
Political Stability Outlook
Table: Developed States Security Risk Ratings (scores out of 100, with 100 the best)
Healthcare Insurance
Epidemiology
Table: Insurance Key Drivers, Disease Adjusted Life Years, 2010-2017
Motor
Table: Insurance Key Drivers, Auto Sales, 2010-2017
Competitive Landscape
Company Profile
Japan Post Insurance
Nippon Life (Nissay)
NKSJ Holdings
Prudential Financial
MetLife
Regional Overview
Developed States Life Sector Overview
Table: Developed States Life Premiums, 2010-2017
Developed States Non Life Sector Overview
Table: Developed States Non-Life Premiums, 2010-2017 (US$mn)
Demographic Forecast
Table: Japan's Population By Age Group, 1990-2020 ('000)
Table: Japan's Population By Age Group, 1990-2020 (% of total)
Table: Japan's Key Population Ratios, 1990-2020
Table: Japan's Rural And Urban Population, 1990-2020
Methodology
Insurance Risk/Reward Ratings
Table: Insurance Risk/Reward Ratings Indicators And Rationale
Weighting
Table: Weighting Of Indicators
Table: Total Premiums, 2010-2017
SWOT
Insurance
Business Environment
Economic
Political
Industry Forecast
Life
Table: Life Premiums, 2010-2017
Non Life
Table: Non-Life Premiums, 2010-2017
Industry Risk Reward Ratings
Table: Japan's Insurance Risk/Reward Ratings
Table: Developed States Insurance Risk/Reward Ratings
Market Overview
Life Sector Update
Non Life Sector Update
Industry Trends And Developments
Life Growth Drivers And Risk Management Projections
Population
Table: Insurance Key Drivers, Demographics, 2010-2017
Non Life Growth Drivers And Risk Management Projections
Macroeconomic Outlook
Table: Japan - Economic Activity
Political Stability Outlook
Table: Developed States Security Risk Ratings (scores out of 100, with 100 the best)
Healthcare Insurance
Epidemiology
Table: Insurance Key Drivers, Disease Adjusted Life Years, 2010-2017
Motor
Table: Insurance Key Drivers, Auto Sales, 2010-2017
Competitive Landscape
Company Profile
Japan Post Insurance
Nippon Life (Nissay)
NKSJ Holdings
Prudential Financial
MetLife
Regional Overview
Developed States Life Sector Overview
Table: Developed States Life Premiums, 2010-2017
Developed States Non Life Sector Overview
Table: Developed States Non-Life Premiums, 2010-2017 (US$mn)
Demographic Forecast
Table: Japan's Population By Age Group, 1990-2020 ('000)
Table: Japan's Population By Age Group, 1990-2020 (% of total)
Table: Japan's Key Population Ratios, 1990-2020
Table: Japan's Rural And Urban Population, 1990-2020
Methodology
Insurance Risk/Reward Ratings
Table: Insurance Risk/Reward Ratings Indicators And Rationale
Weighting
Table: Weighting Of Indicators
