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"Life Insurance in Japan, Key Trends and Opportunities to 2016" - New Market Report

Recently published research from Timetric, "Life Insurance in Japan, Key Trends and Opportunities to 2016", is now available at Fast Market Research

 
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Boston, MA -- (SBWIRE) -- 12/31/2012 -- The Japanese life insurance segment is the second-largest life insurance segment in the world in terms of gross written premium behind the US. The Japanese life insurance segment grew during the review period (2007-2001) due to an aging population and a growth in the volume of single-person households. Japan's aging population drove consumer attention towards post-retirement savings. This is expected to become a key driver for the segment over the forecast period.

Key Highlights

- The Japanese life insurance segment is the second-largest life insurance segment in the world in terms of gross written premium behind the US.
- The Japanese life insurance segment grew during the review period (2007-2001) due to an aging population and a growth in the volume of single-person households.
- During the review period the volume of sales representatives in the Japanese life insurance segment registered a decline until 2007 when it increased.
- Life insurance in Japan is predominantly distributed through the agency and bancassurance channels.
- Japan's aging population is expected to notably contribute to the growth of country's life insurance segment over the forecast period.
- The older population has a tendency to purchase more life insurance products than the younger population as they plan for their retirement.

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Scope

- The Japanese life insurance segment is the second-largest life insurance segment in the world in terms of gross written premium behind the US.
- The Japanese life insurance segment grew during the review period (2007-2001) due to an aging population and a growth in the volume of single-person households.
- During the review period the volume of sales representatives in the Japanese life insurance segment registered a decline until 2007 when it increased.
- Life insurance in Japan is predominantly distributed through the agency and bancassurance channels.
- Japan's aging population is expected to notably contribute to the growth of country's life insurance segment over the forecast period.
- The older population has a tendency to purchase more life insurance products than the younger population as they plan for their retirement.

Reasons to Get this Report

- Make strategic business decisions using historic and forecast market data related to the Japanese life insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Japanese life insurance market
- Assess the competitive dynamics in the life insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Japanese insurance market and its impact on companies and the market's future

Companies Mentioned in this Report: Japan Post Insurance, Nippon Life Insurance Company, Meiji Yasuda Life Insurance Company, Dai-ichi Life Insurance Company, Sumitomo Life Insurance Company, Taiyo Life Insurance Company, Sony Life Insurance Co., Ltd

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