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Norway Life Insurance Market Summary, Competitive Analysis and Forecast to 2027

Publisher MarketLine
Published Mar 15, 2023
Length 39 Pages
SKU # MTLN18252412

Description

Norway Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Summary
Life Insurance in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
  • The Norwegian life insurance market had total gross written premiums of $17.9 billion in 2022, representing a compound annual growth rate (CAGR) of 10.6% between 2017 and 2022.
  • The Pension/Annuity segment accounted for market's the largest proportion in 2022, with total gross written premiums of $12.9 billion, equivalent to 72.2% of the market's overall value.
  • The Norwegian life insurance market has shown strong growth in the recent year and is also expected to grow at a strong rate in the forecast period.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Norway
  • Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Norway life insurance market with five year forecasts
Reasons to Buy
  • What was the size of the Norway life insurance market by value in 2022?
  • What will be the size of the Norway life insurance market in 2027?
  • What factors are affecting the strength of competition in the Norway life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway's life insurance market?

Table of Contents

39 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 strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak affected the market?
8 Company Profiles
8.1. DNB Livsforsikring ASA
8.2. Kommunal Landspensjonskasse
8.3. Storebrand Livsforsikring AS
8.4. 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 market value: $ billion, 2017-22
Table 2: Norway life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Norway life insurance market category segmentation: $ billion, 2017-2022
Table 4: Norway life insurance market geography segmentation: $ billion, 2022
Table 5: Norway life insurance market value forecast: $ billion, 2022-27
Table 6: Norway life insurance market share: % share, by value, 2022
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: Storebrand Livsforsikring AS: key facts
Table 12: Nordea Liv: key facts
Table 13: Nordea Liv: Key Employees
Table 14: Norway size of population (million), 2018–22
Table 15: Norway gdp (constant 2005 prices, $ billion), 2018–22
Table 16: Norway gdp (current prices, $ billion), 2018–22
Table 17: Norway inflation, 2018–22
Table 18: Norway consumer price index (absolute), 2018–22
Table 19: Norway exchange rate, 2017–21
List of Figures
Figure 1: Norway life insurance market value: $ billion, 2017-22
Figure 2: Norway life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Norway life insurance market geography segmentation: % share, by value, 2022
Figure 4: Norway life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Norway, 2022
Figure 6: Drivers of buyer power in the life insurance market in Norway, 2022
Figure 7: Drivers of supplier power in the life insurance market in Norway, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Norway, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Norway, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Norway, 2022
Figure 11: Norway life insurance market share: % share, by value, 2022

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