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Life Insurance & Pension in Finland

Publisher MarketLine
Published Dec 31, 2025
Length 38 Pages
SKU # MTLN21020503

Description

Life>Insurance>&>Pension>in>Finland

Summary

>Life>Insurance>&>Pension>in>Finland>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>share,>market>size>(value>and>volume>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • Life>insurance>is>the>financial>cover>for>a>contingency>linked>with>human>life,>like>death,>disability,>accident,>retirement,>etc.>Human>life>is>subject>to>risks>of>death>and>disability>due>to>natural>and>accidental>causes.>When>human>life>is>lost>or>a>person>is>disabled>permanently>or>temporarily,>there>is>a>loss>of>income>to>the>household.
  • The>Finnish>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$29.2>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>3.8%>between>2019>and>2024.
  • The>life>insurance>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$28.5>billion,>equivalent>to>97.8%>of>the>market's>overall>value.
  • The>Finnish>life>insurance>&>pension>market>experienced>an>annual>revenue>growth>of>20.0%>in>2024,>primarily>driven>by>the>increasing>population>of>individuals>aged>65>and>above.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>life>insurance>&>pension>market>in>Finland
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>Finland
  • Leading>company>profiles>reveal>details>of>key>life>insurance>&>pension>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Finland>life>insurance>&>pension>market>with>five>year>forecasts>by>both>value>and>volume
Reasons>to>Buy
  • What>was>the>size>of>the>Finland>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Finland>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Finland>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • Who>are>the>top>competitors>in>Finland's>life>insurance>&>pension>market?

Table of Contents

38 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
7.5. What are the recent developments in the sector?
8 Company Profiles
8.1. Nordea Life Assurance Finland Ltd
8.2. Mandatum Life Insurance Co Ltd
8.3. LocalTapiola Mutual Life Insurance Company
8.4. OP Life Assurance Company ltd
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: Finland life insurance & pension market value: $ billion, 2019-24
Table 2: Finland life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: Finland life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: Finland life insurance & pension market geography segmentation: $ billion, 2024
Table 5: Finland life insurance & pension market value forecast: $ billion, 2024-29
Table 6: Finland life insurance & pension market share: % share, by value, 2024
Table 7: Nordea Life Assurance Finland Ltd: Key Facts
Table 8: Nordea Life Assurance Finland Ltd: Key Employees
Table 9: Mandatum Life Insurance Co Ltd: Key Facts
Table 10: Mandatum Life Insurance Co Ltd: Key Employees
Table 11: LocalTapiola Mutual Life Insurance Company: Key Facts
Table 12: LocalTapiola Mutual Life Insurance Company: Key Employees
Table 13: OP Life Assurance Company ltd: Key Facts
Table 14: Finland Size of Population (Million), 2020-24
Table 15: Finland Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: Finland GDP (Current Prices, $ Billion), 2020-24
Table 17: Finland Inflation, 2020-24
Table 18: Finland Consumer Price Index (Absolute), 2020-24
Table 19: Finland Exchange Rate, 2019-24
List of Figures
Figure 1: Finland life insurance & pension market value: $ billion, 2019-24
Figure 2: Finland life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: Finland life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: Finland life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in Finland, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in Finland, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in Finland, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Finland, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Finland, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Finland, 2024
Figure 11: Finland life insurance & pension market share: % share, by value, 2024

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