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Life Insurance & Pension in Finland

Publisher MarketLine
Published Dec 31, 2025
Length 38 Pages
SKU # MTLN21050278

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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