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New Books in East Asian Studies

Ryan Moran, "Selling the Future: Community, Hope, and Crisis in the Early History of Japanese Life Insurance" (Cornell UP, 2024)

Nov 29, 2024
Ryan Moran is the author of "Selling the Future: Community, Hope, and Crisis in the Early History of Japanese Life Insurance." He explores Japan's life insurance industry from the 1880s to 1945, highlighting its role in shaping societal dynamics, including gender roles and economic responsibilities. Moran discusses the emotional strategies used to build trust and community. He reveals how insurance influenced health initiatives and national identity, and how it adapted during wartime, serving both as a financial safety net and a tool for national resilience.
01:43:19

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Quick takeaways

  • The early Japanese life insurance industry exploited societal anxieties to create a sense of certainty amidst rapid changes, appealing to both community and individual hopes.
  • Gender dynamics evolved within the life insurance sector, initially targeting elite men while gradually integrating women into sales, reflecting broader societal shifts in post-war Japan.

Deep dives

The Origins of Japanese Life Insurance

The life insurance industry in Japan began in the early 1880s, heavily influenced by Western models, particularly British and German systems. The introduction of the first mortality tables, such as the 17 offices mortality table from England, marked a significant milestone for Japanese insurers. These companies aimed to create a more secure future for policyholders by accumulating data on the population, promoting the idea that insurance could ensure an enhanced standard of living. However, a tension arose between the collective security promised by insurance for the community and the unpredictable nature of individual experiences under the pressures of a rapidly changing society.

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