New Market Report: Life Insurance in Japan, Key Trends and Opportunities to 2017
The Japanese life insurance segment is the second-largest in the world, behind only the US, with 18-19% of the global life insurance written premium value in 2012. Japan registered stable growth in life insurance business during the review period (2008-2012), with gross written premium expanding at a compound annual growth rate (CAGR) of 3.9% to value JPY31.7 trillion (US$397.6 billion) in 2012. The aging population, government reforms and the devastating earthquake in 2011 entrenched the need for insurance products, leading...
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