Japanese insurance industry
The Japanese insurance industry is one of the largest and most developed in the world. It offers a wide range of products, including life, health, and property insurance. Major companies, such as Nippon Life and Tokio Marine, dominate the market, providing coverage to millions of individuals and businesses.
Regulated by the Financial Services Agency, the industry emphasizes consumer protection and financial stability. The market has seen growth due to an aging population and increasing awareness of risk management. Additionally, advancements in technology are transforming how insurance products are offered and managed in Japan.