Sweden Insurance Q4 2020
Similar to other markets throughout Europe, the short-term outlook for the Swedish insurance industry is more subduedthis quarter. The ongoing Covid-19 pandemic has pushed the country into a recession in 2020 and unemployment rates have risen.This will dampen demand across the life and non-life sectors, particularly for consumer driven lines such as property and motorinsurance. Health insurance is however seeing a sharp increase in demand as awareness of the potential benefits of cover increase.Though the outlook is weak, Sweden's mature and well capitalised insurance market is in a solid position to withstand the short-term headwinds.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook