Key Market Indicators
Japanese life insurance gross written premiums are predicted to drop to $250.85 billion by 2026. This is a decrease of 2.8% each year on average since 2015. The United States overtook Japan as the leader of the global life insurance market in 2021, with gross written premiums of $291.55 billion. Japan came in second place, followed by China and the United Kingdom, who respectively held the third and fourth positions.