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Insurance in Norway

Insurance in Norway

Summary

Insurance in Norway 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 Norway 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 Norwegian insurance market had total gross written premiums of $19.5bn in 2016, representing a compound annual growth rate (CAGR) of 6% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $11.2bn, equivalent to 57.4% of the market's overall value.

The strong growth of the disposable income of Norwegian households in recent years up to 2015, spurred demand for life insurance products, particularly for pension/annuity schemes.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Norway
  • 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 Norway insurance market with five year forecasts
Reasons to buy
  • What was the size of the Norway insurance market by value in 2016?
  • What will be the size of the Norway insurance market in 2021?
  • What factors are affecting the strength of competition in the Norway insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Norway'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
Gjensidige Forsikring ASA
If P&C Insurance Holding Ltd
SpareBank 1 Gruppen AS
Tryg A/S
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Norway insurance market value: $ billion, 2012-16
Table 2: Norway insurance market category segmentation: $ billion, 2016
Table 3: Norway insurance market geography segmentation: $ billion, 2016
Table 4: Norway insurance market value forecast: $ billion, 2016-21
Table 5: Gjensidige Forsikring ASA: key facts
Table 6: Gjensidige Forsikring ASA: key financials ($)
Table 7: Gjensidige Forsikring ASA: key financials (NOK)
Table 8: Gjensidige Forsikring ASA: key financial ratios
Table 9: If P&C Insurance Holding Ltd: key facts
Table 10: SpareBank 1 Gruppen AS: key facts
Table 11: Tryg A/S: key facts
Table 12: Tryg A/S: key financials ($)
Table 13: Tryg A/S: key financials (DKK)
Table 14: Tryg A/S: key financial ratios
Table 15: Norway size of population (million), 2012-16
Table 16: Norway gdp (constant 2005 prices, $ billion), 2012-16
Table 17: Norway gdp (current prices, $ billion), 2012-16
Table 18: Norway inflation, 2012-16
Table 19: Norway consumer price index (absolute), 2012-16
Table 20: Norway exchange rate, 2012-16
List of Figures
Figure 1: Norway insurance market value: $ billion, 2012-16
Figure 2: Norway insurance market category segmentation: % share, by value, 2016
Figure 3: Norway insurance market geography segmentation: % share, by value, 2016
Figure 4: Norway insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Norway, 2016
Figure 6: Drivers of buyer power in the insurance market in Norway, 2016
Figure 7: Drivers of supplier power in the insurance market in Norway, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Norway, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Norway, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Norway, 2016
Figure 11: Gjensidige Forsikring ASA: revenues & profitability
Figure 12: Gjensidige Forsikring ASA: assets & liabilities
Figure 13: Tryg A/S: revenues & profitability
Figure 14: Tryg A/S: assets & liabilities

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