Technavio’s latest offering, Insurance Market In Japan report provides a detailed analysis of the competitive scenario, Drivers, Challenges, Trends, and market growth across various regions. The insurance market share growth in Japan by the life insurance segment will be significant for revenue generation. The major factor driving the adoption of life insurance in Japan is the low rate of interest charged from customers for life insurance.
The insurance market in Japan is estimated to grow by USD 42.62 billion from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 2.42% as per the latest report by Technavio.
Market Dynamics
The market is driven by factors such as the growing geriatric population in Japan, fear of natural disasters, and the high focus on short-term insurance. However, the vulnerability toward cybercrime is hindering the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The insurance market analysis report of Japan also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth
Company Profiles
The insurance market in Japan is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Some of the companies covered in this report are Allianz Group, Asahi Mutual Life Insurance Co., Dai-ichi Life Holdings Inc., LIFENET INSURANCE CO., Mitsubishi HC Capital Inc., MS and AD Insurance Group Holdings Inc., Sompo Holdings Inc., The Toa Reinsurance Co. Ltd., Tokio Marine Holdings Inc., and Zurich Insurance Co. Ltd., etc.
Allianz Group – The company offers a wide range of insurance services through its subsidiary Allianz Life Insurance Japan Ltd.
Asahi Mutual Life Insurance Co. – The company offers a wide range of insurance services namely nursing care insurance.
Dai-ichi Life Holdings Inc. – The company offers a wide range of insurance products namely life insurance around the world.
LIFENET INSURANCE CO. – The company offers a wide range of insurance products include death, medical, and disability insurance.
Mitsubishi HC Capital Inc – The company offers a wide range of insurance services through its subsidiary Hitachi Capital Insurance Corporation.
The insurance market in Japan forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Competitive Analysis
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
By Type, the market is classified into life and non-life
By sales channel, the market is classified into sales personnel, insurance agencies, and others
Related Reports-
Microinsurance Market –The microinsurance market share is expected to increase by USD 30.44 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.40%. Download a free sample now!
Travel Insurance Market –The travel insurance market has the potential to grow by USD 12.61 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.60%. Download a free sample now!
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Buffett’s right-hand man just rang the bubble alarm. It might be time to heed his warning.
These growth stocks aren’t household names. Yet.
Tesla (NASDAQ: TSLA) has taken a hit recently. The analyst’s updated price target for the stock calls for an impressive 55% upside from where shares closed on Friday. Based on Tesla’s share count today, this implies a $1.6 trillion market capitalization. Last Wednesday, New Street analyst and longtime Tesla bull Pierre Ferragu boosted his 12-month price target on Tesla stock from $1,290 to $1,580.
A group of insurers is handing out cash after hoarding $5 billion in excess funds.
Share prices of Nvidia (NASDAQ: NVDA) are up 140% year to date, and that’s on top of a staggering 750% gain over the last three years. Buying hot tech stocks like Nvidia can be tricky. On one hand, Nvidia has clear opportunities to grow revenue and expand margins over the long term. Here are the most important factors to consider before deciding to buy Nvidia at these highs.
(Bloomberg) — For many Americans, the sudden burst of inflation that has rocked the economy has been disorienting.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemThe 15 Best Beers We Drank This YearConsumer prices had been so stable for so long in the U.S. that the population finds itself a little rusty on b
If the level of expenses you provided is accurate, coupled with moderate inflation and an estimated investment growth rate of net 6% to 6.5%, your strategy should be able to hold you over until Social Security and then some, said Brian Robinson, a certified financial planner and partner at advisory firm SharpePoint. “There are enough assets with different taxable circumstances that, if allocated correctly and in the correct types of vehicles, will achieve a sustained retirement through at least age 90,” Robinson said. At first, your withdrawal rate will be higher than average, which will obviously draw down your assets faster, but when Social Security kicks in, that rate will taper. For example, you have a substantial amount of money in your savings account.
These three companies involve different risks, but each could supercharge your portfolio over the long term.
(Bloomberg) — Strong building demand and renewed supply challenges have sent lumber prices surging to the highest in six months. Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemThe 15 Best Beers We Drank This YearLumber futures on the Chicago Mercantile Exchange jumped 4.4% to a six-month high of $1,069.30 p
Apple’s (NASDAQ: AAPL) stock has been on fire this year (and over the past several years). Apple’s stock is hitting record highs; let’s see if it can climb even higher. Fueled by the launch of new products, Apple’s revenue surged an impressive 33% in 2021 from a base of $275 billion in 2020. Furthermore, Apple generates healthy profits from its sales of products and services.
In 19 days, the curtain will close on 2021 — and when it does, it’ll likely go down as another outperforming year for the stock market. If you have $1,000 at the ready, which won’t be needed to cover bills or emergencies as they arise, the following five unstoppable trends would be perfect to invest in for 2022.
The best way to get rich via the stock market is to buy into solid and growing businesses and then to hang on — for years, if not decades. Microsoft shares don’t seem quite as attractively valued as those of Meta Platforms, so you might consider adding the company to your watchlist, waiting for a pullback.
Telecom company AT&T (NYSE: T) stands out as a stock that can check many boxes for retirees. While no stock is risk-free and AT&T happens to be down 25% over the past year, I think that AT&T represents a solid option for income-craving retirees right now. Just about anyone with a cellphone in the United States knows what AT&T is and what the company does. The phone bill ranks high in terms of important in most consumers’ monthly budgets, so AT&T’s business has proven very stable over the years.
Passive income from these overweight heavyweights can help you sleep soundly at night.
These stocks are likely to rebound quickly in a bear market, making this a great time to buy high-quality REITs at a discount.
A market rally is underway, but hasn’t flashed this key signal, with the Fed meeting on tap. Apple, Tesla are in focus.
Don’t let the market’s apparent disinterest fool you into thinking that’s a reflection of their value.
Scott, the former wife of Amazon founder Jeff Bezos, says she plans to build a website with a searchable database of grants.
If you’re looking for a multi-bagger, there’s a few things to keep an eye out for. Firstly, we’d want to identify a…
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs,
