Norway Life Insurance Market to 2027
Norway Life Insurance Market to 2027
Summary
Life Insurance in Norway industry profile provides top-line qualitative and quantitative summary information including: market share, 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 share, 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 market is segmented into Life Insurance and Pension/Annuity.
- The Norwegian life insurance market had total gross written premiums of $14.7 billion in 2022, representing a compound annual growth rate (CAGR) of 8.7% between 2017 and 2022.
- The pension/annuity segment accounted for the market's largest proportion in 2022, with total gross written premiums of $12 billion, equivalent to 81.8% of the market's overall value.
- Life insurance coverage in the Norwegian population is relatively high. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in Norway was 4%.
- 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?
- Who are the top competitors in 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 rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the rationale behind recent M&A activity?
8 COMPANY PROFILES
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Storebrand Livsforsikring AS
8.4. Nordea Liv
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 rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the rationale behind recent M&A activity?
8 COMPANY PROFILES
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Storebrand Livsforsikring AS
8.4. Nordea Liv
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
Table 2: Norway life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Norway life insurance market category segmentation: $ billion, 2017-2022
Table 4: Norway life insurance market geography segmentation: $ billion, 2018–2022
Table 5: Norway life insurance market value forecast: $ billion, 2022–27
Table 6: DNB Livsforsikring ASA: key facts
Table 7: DNB Livsforsikring ASA: Key Employees
Table 8: Kommunal Landspensjonskasse: key facts
Table 9: Kommunal Landspensjonskasse: Key Employees
Table 10: Storebrand Livsforsikring AS: key facts
Table 11: Nordea Liv: key facts
Table 12: Nordea Liv: Key Employees
Table 13: Norway size of population (million), 2018–22
Table 14: Norway gdp (constant 2005 prices, $ billion), 2018–22
Table 15: Norway gdp (current prices, $ billion), 2018–22
Table 16: Norway inflation, 2018–22
Table 17: Norway consumer price index (absolute), 2018–22
Table 18: Norway exchange rate, 2018–22
Table 1: Norway life insurance market value: $ billion, 2017–22
Table 2: Norway life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Norway life insurance market category segmentation: $ billion, 2017-2022
Table 4: Norway life insurance market geography segmentation: $ billion, 2018–2022
Table 5: Norway life insurance market value forecast: $ billion, 2022–27
Table 6: DNB Livsforsikring ASA: key facts
Table 7: DNB Livsforsikring ASA: Key Employees
Table 8: Kommunal Landspensjonskasse: key facts
Table 9: Kommunal Landspensjonskasse: Key Employees
Table 10: Storebrand Livsforsikring AS: key facts
Table 11: Nordea Liv: key facts
Table 12: Nordea Liv: Key Employees
Table 13: Norway size of population (million), 2018–22
Table 14: Norway gdp (constant 2005 prices, $ billion), 2018–22
Table 15: Norway gdp (current prices, $ billion), 2018–22
Table 16: Norway inflation, 2018–22
Table 17: Norway consumer price index (absolute), 2018–22
Table 18: Norway exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Norway life insurance market value: $ billion, 2017–22
Figure 2: Norway life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Norway life insurance market geography segmentation: % share, by value, 2018,2022
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 1: Norway life insurance market value: $ billion, 2017–22
Figure 2: Norway life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Norway life insurance market geography segmentation: % share, by value, 2018,2022
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