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Life Insurance & Pension in Norway

Publisher MarketLine
Published Dec 31, 2025
Length 36 Pages
SKU # MTLN21020616

Description

Life>Insurance>&>Pension>in>Norway

Summary

>Life>Insurance>&>Pension>in>Norway>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>size>(value>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>Norwegian>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$16>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>5.2%>between>2019>and>2024.
  • The>pension/annuity>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$13.1>billion,>equivalent>to>81.9%>of>the>market's>overall>value.
  • In>Norway>life>insurance>&>pension>market>experienced>an>annual>revenue>decline>of>5.6%>2024,>which>was>partly>driven>by>the>higher>interest-rate>environment,>which>constrained>household>affordability.
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>Norway
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>Norway
  • 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>Norway>life>insurance>&>pension>market>with>five>year>forecasts
Reasons>to>Buy
  • What>was>the>size>of>the>Norway>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Norway>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Norway>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • What>are>the>main>segments>that>make>up>Norway's>life>insurance>&>pension>market?

Table of Contents

36 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 challenges in the market?
8 Company Profiles
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Nordea Liv
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: Norway life insurance & pension market value: $ billion, 2019-24
Table 2: Norway life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: Norway life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: Norway life insurance & pension market geography segmentation: $ billion, 2024
Table 5: Norway life insurance & pension market value forecast: $ billion, 2024-29
Table 6: Norway life insurance & pension market share: % share, by value, 2024
Table 7: DNB Livsforsikring ASA: Key Facts
Table 8: DNB Livsforsikring ASA: Key Employees
Table 9: Kommunal Landspensjonskasse: Key Facts
Table 10: Kommunal Landspensjonskasse: Key Employees
Table 11: Nordea Liv: Key Facts
Table 12: Norway Size of Population (Million), 2020-24
Table 13: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 14: Norway GDP (Current Prices, $ Billion), 2020-24
Table 15: Norway Inflation, 2020-24
Table 16: Norway Consumer Price Index (Absolute), 2020-24
Table 17: Norway Exchange Rate, 2019-24
List of Figures
Figure 1: Norway life insurance & pension market value: $ billion, 2019-24
Figure 2: Norway life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: Norway life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: Norway life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in Norway, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in Norway, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in Norway, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Norway, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Norway, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Norway, 2024
Figure 11: Norway life insurance & pension market share: % share, by value, 2024

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