Janpan Life Insurace Financial Loans Statistics

The balance of loans decreased from the previous year to 36.810 billion yen (96.6% y/y), accounting for

10.0% of total assets (down 0.9 points from the previous year).

Loans were the main items in the investment portfolios of life insurers from the late 1960s to early 1970s; however, the amount has been decreasing in the long run. Financial loans, accounting for 91.7% of total loans, decreased from the previous year to 33,741 billion yen (96.5% y/y), and policy loans also decreased from the previous year to 3,069 billion yen (97.9% y/y). [Figure 50] As for the items of financial loans, loans to entities account for 87.2%, followed by loans to individuals (6.0%). Among the loans to entities, loans to large entities account for 55.3% of the total, followed byloans to leading medium-sized entities (0.5%) and small and medium-sized enterprises (37.5%). [Figure 51] The amount of risk-monitored loans (total of loans to bankrupt companies, past due loans, loans overdue for three months or more and restructured loans) decreased from the previous year to 111 billion yen (91.6% y/y). Among them, past due loans amounted to 80 billion yen (95.7% y/y) and restructured loans amounted to 24 billion yen (91.9% y/y). The ratio of risk-monitored loans to total loans was 0.3% in fiscal 2014 (0.3% in fiscal 2013). [Figure 52]