Insurance in Norway - Market Summary, Competitive Analysis and Forecast to 2025

Insurance in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
The Norwegian insurance market had total gross written premiums of $20.2bn in 2020, representing a compound annual growth rate (CAGR) of 4% between 2016 and 2020.
The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $11.1bn, equivalent to 54.8% of the market's overall value.
The future of the pandemic remains uncertain, which makes it difficult to predict the long-term performance of the insurance market. As global vaccination programs are rolled out and societies gradually reopen, consumer confidence is likely to improve, easing demand for insurance. However, interest rates are expected to remain low for some time, constraining insurers’ profits.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Norway
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Norway
Leading company profiles reveal details of key insurance market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Norway insurance market with five year forecasts

Reasons to Buy

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How has the market performed over the last five years?
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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. Is there any important M&A activity on the horizon for next year?
7.5. How has the COVID - 19 outbreak impacted the market?

8 Company Profiles

8.1. Kommunal Landspensjonskasse
8.2. Gjensidige Forsikring ASA
8.3. If P&C Insurance AS
8.4. Storebrand ASA

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About The Publisher

List of Tables

Table 1: Norway insurance market value: $ billion, 2016 - 20
Table 2: Norway insurance market category segmentation: $ billion, 2020
Table 3: Norway insurance market geography segmentation: $ billion, 2020
Table 4: Norway insurance market value forecast: $ billion, 2020 - 25
Table 5: Norway insurance market share: % share, by value, 2020
Table 6: Kommunal Landspensjonskasse: key facts
Table 7: Kommunal Landspensjonskasse: Key Employees
Table 8: Gjensidige Forsikring ASA: key facts
Table 9: Gjensidige Forsikring ASA: Annual Financial Ratios
Table 10: Gjensidige Forsikring ASA: Key Employees
Table 11: If P&C Insurance AS: key facts
Table 12: If P&C Insurance AS: Key Employees
Table 13: Storebrand ASA: key facts
Table 14: Storebrand ASA: Annual Financial Ratios
Table 15: Storebrand ASA: Key Employees
Table 16: Norway size of population (million), 2016 - 20
Table 17: Norway gdp (constant 2005 prices, $ billion), 2016 - 20
Table 18: Norway gdp (current prices, $ billion), 2016 - 20
Table 19: Norway inflation, 2016 - 20
Table 20: Norway consumer price index (absolute), 2016 - 20
Table 21: Norway exchange rate, 2016 - 20

List of Figures

Figure 1: Norway insurance market value: $ billion, 2016 - 20
Figure 2: Norway insurance market category segmentation: % share, by value, 2020
Figure 3: Norway insurance market geography segmentation: % share, by value, 2020
Figure 4: Norway insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Norway, 2020
Figure 6: Drivers of buyer power in the insurance market in Norway, 2020
Figure 7: Drivers of supplier power in the insurance market in Norway, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Norway, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Norway, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Norway, 2020
Figure 11: Norway insurance market share: % share, by value, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Kommunal Landspensjonskasse
Gjensidige Forsikring ASA
If P&C Insurance AS
Storebrand ASA

Table Information

Report Attribute	Details
No. of Pages	43
Published	November 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 20.16 Billion
Forecasted Market Value ( USD ) by 2025	$ 24.57 Billion
Compound Annual Growth Rate	4.0%
Regions Covered	Norway

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€342EUR$350USD£286GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€684EUR$700USD£572GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€1026EUR$1,050USD£857GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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