Norway Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Norway Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Life Insurance in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Norwegian life insurance market had total gross written premiums of $17.9 billion in 2022, representing a compound annual growth rate (CAGR) of 10.6% between 2017 and 2022.
- The Pension/Annuity segment accounted for market's the largest proportion in 2022, with total gross written premiums of $12.9 billion, equivalent to 72.2% of the market's overall value.
- The Norwegian life insurance market has shown strong growth in the recent year and is also expected to grow at a strong rate in the forecast period.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Norway
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Norway life insurance market with five year forecasts by both value and volume
- What was the size of the Norway life insurance market by value in 2022?
- What will be the size of the Norway life insurance market in 2027?
- What factors are affecting the strength of competition in the Norway life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak affected the market?
8 COMPANY PROFILES
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Nordea Liv
8.4. Storebrand Livsforsikring AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak affected the market?
8 COMPANY PROFILES
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Nordea Liv
8.4. Storebrand Livsforsikring AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Norway life insurance market value: $ billion, 2017-22(e)
Table 2: Norway life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Norway life insurance market category segmentation: $ billion, 2017-2022
Table 4: Norway life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Norway life insurance market value forecast: $ billion, 2022-27
Table 6: Norway life insurance market share: % share, by value, 2022(e)
Table 7: DNB Livsforsikring ASA: key facts
Table 8: DNB Livsforsikring ASA: Key Employees
Table 9: Kommunal Landspensjonskasse: key facts
Table 10: Kommunal Landspensjonskasse: Key Employees
Table 11: Nordea Liv: key facts
Table 12: Nordea Liv: Key Employees
Table 13: Storebrand Livsforsikring AS: key facts
Table 14: Norway size of population (million), 2018–22
Table 15: Norway gdp (constant 2005 prices, $ billion), 2018–22
Table 16: Norway gdp (current prices, $ billion), 2018–22
Table 17: Norway inflation, 2018–22
Table 18: Norway consumer price index (absolute), 2018–22
Table 19: Norway exchange rate, 2016–20
Table 1: Norway life insurance market value: $ billion, 2017-22(e)
Table 2: Norway life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Norway life insurance market category segmentation: $ billion, 2017-2022
Table 4: Norway life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Norway life insurance market value forecast: $ billion, 2022-27
Table 6: Norway life insurance market share: % share, by value, 2022(e)
Table 7: DNB Livsforsikring ASA: key facts
Table 8: DNB Livsforsikring ASA: Key Employees
Table 9: Kommunal Landspensjonskasse: key facts
Table 10: Kommunal Landspensjonskasse: Key Employees
Table 11: Nordea Liv: key facts
Table 12: Nordea Liv: Key Employees
Table 13: Storebrand Livsforsikring AS: key facts
Table 14: Norway size of population (million), 2018–22
Table 15: Norway gdp (constant 2005 prices, $ billion), 2018–22
Table 16: Norway gdp (current prices, $ billion), 2018–22
Table 17: Norway inflation, 2018–22
Table 18: Norway consumer price index (absolute), 2018–22
Table 19: Norway exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Norway life insurance market value: $ billion, 2017-22(e)
Figure 2: Norway life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Norway life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Norway life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Norway, 2022
Figure 6: Drivers of buyer power in the life insurance market in Norway, 2022
Figure 7: Drivers of supplier power in the life insurance market in Norway, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Norway, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Norway, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Norway, 2022
Figure 11: Norway life insurance market share: % share, by value, 2022(e)
Figure 1: Norway life insurance market value: $ billion, 2017-22(e)
Figure 2: Norway life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Norway life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Norway life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Norway, 2022
Figure 6: Drivers of buyer power in the life insurance market in Norway, 2022
Figure 7: Drivers of supplier power in the life insurance market in Norway, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Norway, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Norway, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Norway, 2022
Figure 11: Norway life insurance market share: % share, by value, 2022(e)
