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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 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.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 $19.8bn in 2017, representing a compound annual growth rate (CAGR) of 3% between 2013 and 2017.
  • The life segment was the market's most lucrative in 2017, with total gross written premiums of $11.3bn, equivalent to 57% of the market's overall value.
  • Norway has a below average penetration rate according to Swiss Re, with the Norwegian insurance penetration ratio standing at 4.6% of GDP in 2017, compared to Europe with 6.5%.
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 2017?
  • What will be the size of the Norway insurance market in 2022?
  • 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 share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
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
Kommunal Landspensjonskasse
Sampo plc
Storebrand ASA
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Norway insurance market value: $ billion, 2013-17
Table 2: Norway insurance market category segmentation: $ billion, 2017
Table 3: Norway insurance market geography segmentation: $ billion, 2017
Table 4: Norway insurance market share: % share, by value, 2017
Table 5: Norway insurance market value forecast: $ billion, 2017-22
Table 6: Gjensidige Forsikring ASA: key facts
Table 7: Gjensidige Forsikring ASA: key financials ($)
Table 8: Gjensidige Forsikring ASA: key financials (NOK)
Table 9: Gjensidige Forsikring ASA: key financial ratios
Table 10: Kommunal Landspensjonskasse: key facts
Table 11: Kommunal Landspensjonskasse: key financials ($)
Table 12: Kommunal Landspensjonskasse: key financials (NOK)
Table 13: Kommunal Landspensjonskasse: key financial ratios
Table 14: Sampo plc: key facts
Table 15: Sampo plc: key financials ($)
Table 16: Sampo plc: key financials (€)
Table 17: Sampo plc: key financial ratios
Table 18: Storebrand ASA: key facts
Table 19: Storebrand ASA: key financials ($)
Table 20: Storebrand ASA: key financials (NOK)
Table 21: Storebrand ASA: key financial ratios
Table 22: Norway size of population (million), 2013-17
Table 23: Norway gdp (constant 2005 prices, $ billion), 2013-17
Table 24: Norway gdp (current prices, $ billion), 2013-17
Table 25: Norway inflation, 2013-17
Table 26: Norway consumer price index (absolute), 2013-17
Table 27: Norway exchange rate, 2013-17
List of Figures
Figure 1: Norway insurance market value: $ billion, 2013-17
Figure 2: Norway insurance market category segmentation: % share, by value, 2017
Figure 3: Norway insurance market geography segmentation: % share, by value, 2017
Figure 4: Norway insurance market share: % share, by value, 2017
Figure 5: Norway insurance market value forecast: $ billion, 2017-22
Figure 6: Forces driving competition in the insurance market in Norway, 2017
Figure 7: Drivers of buyer power in the insurance market in Norway, 2017
Figure 8: Drivers of supplier power in the insurance market in Norway, 2017
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Norway, 2017
Figure 10: Factors influencing the threat of substitutes in the insurance market in Norway, 2017
Figure 11: Drivers of degree of rivalry in the insurance market in Norway, 2017
Figure 12: Gjensidige Forsikring ASA: revenues & profitability
Figure 13: Gjensidige Forsikring ASA: assets & liabilities
Figure 14: Kommunal Landspensjonskasse: revenues & profitability
Figure 15: Kommunal Landspensjonskasse: assets & liabilities
Figure 16: Sampo plc: revenues & profitability
Figure 17: Sampo plc: assets & liabilities
Figure 18: Storebrand ASA: revenues & profitability
Figure 19: Storebrand ASA: assets & liabilities

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