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Non-Life Insurance in Finland

Publisher MarketLine
Published Dec 11, 2025
Length 38 Pages
SKU # MTLN21050354

Description

Non-Life Insurance in Finland

Summary

Non-Life Insurance 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
  • Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
  • The Finnish non-life insurance market recorded gross written premiums of $4.5 billion in 2024, representing a compound annual growth rate (CAGR) of 3.3% between 2019 and 2024.
  • The motor segment accounted for the market's largest proportion in 2024, with total gross written premiums of $1.6 billion, equivalent to 34.5% of the market's overall value.
  • The expansion of the Finnish non-life insurance market is driven by the rise in the number of active non-life insurance policies, which expanded the premium base and strengthened insurers’ recurring revenue streams. According to the Financial Supervisory Authority (FIN-FSA), in 2024, the number of active non-life insurance policies in Finland reached 35.4 million, up 3.3% annually.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Finland
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Finland
  • Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Finland non-life insurance market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Finland non-life insurance market by value in 2024?
  • What will be the size of the Finland non-life insurance market in 2029?
  • What factors are affecting the strength of competition in the Finland non-life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Finland's non-life insurance 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 rivalry
1.6. 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. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the most recent developments in the market?
8 Company Profiles
8.1. OP Corporate Bank Plc
8.2. Tapiola General Mutual Insurance Company
8.3. If P&C Insurance Holding Ltd
8.4. Fennia Group
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 non-life insurance market value: $ billion, 2019-24
Table 2: Finland non-life insurance market category segmentation: % share, by value, 2019-24
Table 3: Finland non-life insurance market category segmentation: $ billion, 2019-24
Table 4: Finland non-life insurance market geography segmentation: $ billion, 2024
Table 5: Finland non-life insurance market value forecast: $ billion, 2024-29
Table 6: OP Corporate Bank Plc: Key Facts
Table 7: OP Corporate Bank Plc: Key Employees
Table 8: Tapiola General Mutual Insurance Company: Key Facts
Table 9: Tapiola General Mutual Insurance Company: Key Employees
Table 10: If P&C Insurance Holding Ltd: Key Facts
Table 11: If P&C Insurance Holding Ltd: Key Employees
Table 12: Fennia Group: Key Facts
Table 13: Finland Size of Population (Million), 2020-24
Table 14: Finland Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 15: Finland GDP (Current Prices, $ Billion), 2020-24
Table 16: Finland Inflation, 2020-24
Table 17: Finland Consumer Price Index (Absolute), 2020-24
Table 18: Finland Exchange Rate, 2019-24
List of Figures
Figure 1: Finland non-life insurance market value: $ billion, 2019-24
Figure 2: Finland non-life insurance market category segmentation: $ billion, 2019-24
Figure 3: Finland non-life insurance market geography segmentation: % share, by value, 2024
Figure 4: Finland non-life insurance market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the non-life insurance market in Finland, 2024
Figure 6: Drivers of buyer power in the non-life insurance market in Finland, 2024
Figure 7: Drivers of supplier power in the non-life insurance market in Finland, 2024
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Finland, 2024
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Finland, 2024
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Finland, 2024

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