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Insurance in Finland

Insurance in Finland

Summary

Insurance in Finland industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Finland insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Finnish insurance market had total gross written premiums of $27.9bn in 2016, representing a compound annual growth rate (CAGR) of 5.7% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $22.6bn, equivalent to 81.1% of the market's overall value.

The strong growth of written premiums in the life insurance segment has largely contributed to the performance of the whole market in recent years. In fact, life insurance products have reduced dispensability for Finnish consumers.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Finland
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Finland
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Finland insurance market with five year forecasts
Reasons to buy
  • What was the size of the Finland insurance market by value in 2016?
  • What will be the size of the Finland insurance market in 2021?
  • What factors are affecting the strength of competition in the Finland insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Finland's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Fennia-ryhma
If P&C Insurance Holding Ltd
LocalTapiola Group
OP Financial Group
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Finland insurance market value: $ billion, 2012-16
Table 2: Finland insurance market category segmentation: $ billion, 2016
Table 3: Finland insurance market geography segmentation: $ billion, 2016
Table 4: Finland insurance market value forecast: $ billion, 2016-21
Table 5: Fennia-ryhma: key facts
Table 6: Fennia-ryhma: key financials ($)
Table 7: Fennia-ryhma: key financials (€)
Table 8: Fennia-ryhma: key financial ratios
Table 9: If P&C Insurance Holding Ltd: key facts
Table 10: LocalTapiola Group: key facts
Table 11: OP Financial Group: key facts
Table 12: OP Financial Group: key financials ($)
Table 13: OP Financial Group: key financials (€)
Table 14: OP Financial Group: key financial ratios
Table 15: Finland size of population (million), 2012-16
Table 16: Finland gdp (constant 2005 prices, $ billion), 2012-16
Table 17: Finland gdp (current prices, $ billion), 2012-16
Table 18: Finland inflation, 2012-16
Table 19: Finland consumer price index (absolute), 2012-16
Table 20: Finland exchange rate, 2012-16
List of Figures
Figure 1: Finland insurance market value: $ billion, 2012-16
Figure 2: Finland insurance market category segmentation: % share, by value, 2016
Figure 3: Finland insurance market geography segmentation: % share, by value, 2016
Figure 4: Finland insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Finland, 2016
Figure 6: Drivers of buyer power in the insurance market in Finland, 2016
Figure 7: Drivers of supplier power in the insurance market in Finland, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Finland, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Finland, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Finland, 2016
Figure 11: Fennia-ryhma: revenues & profitability
Figure 12: Fennia-ryhma: assets & liabilities
Figure 13: OP Financial Group: revenues & profitability
Figure 14: OP Financial Group: assets & liabilities

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