Recovery in the life insurance market and growth in new contracts
First written in FY2022-Q3. 4 of 10 entries say "Advanced", first in FY2022. Latest entry: 2026-10-15.
FP Partner moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-10-15WorsenedFinancial results presentation
「The number of new contracts declined in the third quarter, reflecting both the reaction to the seasonal increase in contracts in March and the rise in the sales mix of single-premium products driven by asset-formation needs.」
The number of new contracts declined in the third quarter, and level-premium products also decreased year on year. - FY2026-H1SoftenedAnnual report
「Demand for individual annuity insurance remained at a certain level, while the insurance industry saw more active product development and sales competition to address changes in the interest-rate environment and increasingly diverse customer needs.」
Compared with the previous description of a slight year-on-year decline in individual annuity insurance, the company now states that a certain level of demand has been maintained, somewhat tempering its description of market weakness. - FY2025WorsenedAnnual report
「In the insurance industry, the number of new individual annuity contracts declined slightly year on year.」
The number of new individual annuity contracts declined slightly year on year, indicating that market growth had weakened from its previous strong upward trend. - FY2025-H1SoftenedAnnual report
「In the insurance industry, new individual annuity contracts continued to perform well, reaching 112.5% of the prior-year level for the cumulative period from April 2024 to March 2025.」
New individual annuity contracts remained above the prior-year level, but the pace of growth slowed from the previously reported 126.0% to 112.5%. - FY2024SoftenedAnnual report
「The insurance industry also continued to perform well, with new individual annuity contracts reaching 126.0% of the prior-year level for the cumulative period from April to September 2024, although the pace of growth had slowed from the previous year.」
New individual annuity contracts remained above the prior-year level, but the pace of growth slowed from the previous year. - FY2024-Q2AdvancedAnnual report
「The insurance industry also continued to perform well, with new individual annuity contracts reaching 132.5% of the prior-year level for the cumulative period from April 2023 to March 2024.」
The company cites new market results for individual annuity contracts, which reached 132.5% of the prior-year level for the cumulative period from April 2023 to March 2024. - FY2024-Q1AdvancedAnnual report
「The insurance industry also continued to perform well, with new individual annuity contracts, a savings and investment product, reaching 126.1% of the prior-year level for the cumulative period from April 2023 to January 2024.」
The company cites new results demonstrating the recovery and expansion of the life insurance market, with new individual annuity contracts reaching 126.1% of the prior-year level. - FY2023-Q1AdvancedAnnual report
「Individual annuity insurance, which provides savings and investment features to prepare for the "risk of living longer," also saw growing demand. New contracts from April to December 2022 increased 19.9% year on year to 732,000, a significant rise (Source: The Life Insurance Association of Japan, "Overview of Life Insurance Business: Monthly Statistics for December 2022").」
The company cites results demonstrating the recovery and expansion of the life insurance market, with new individual annuity contracts up 19.9% year on year to 732,000. - FY2022AdvancedAnnual report
「In the industry, total annualised premiums from new individual insurance and individual annuity contracts at all 42 life insurers reached ¥1,012.2 billion, up 14.1% year on year, moving back toward the pre-pandemic level of ¥1,024.2 billion at the end of September 2019.」
The company cites results showing the recovery of the life insurance market, with premiums up 14.1% year on year to ¥1,012.2 billion, approaching pre-pandemic levels. - FY2022-Q3First statedAnnual report
「The life insurance industry continued to show signs of recovery. For all 42 life insurers, total annualised premiums from new individual insurance and individual annuity contracts reached ¥488.2 billion from April to June 2022, up 8.2% year on year.」
The recovery of the life insurance market is described using industry statistics.