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Life Insurance in Norway, Key Trends and Opportunities to 2017 - Product Image

Life Insurance in Norway, Key Trends and Opportunities to 2017

  • Published: February 2014
  • Region: Norway
  • 261 pages
  • Timetric

FEATURED COMPANIES

  • DNB Livsforsikring ASA
  • Gjensidige Forsikring ASA
  • Gjensidige Pensjon
  • Nordea Liv
  • Oslo Pensjonsforsikring
  • Storebrand Livsforsikring
  • MORE

The report provides in-depth market analysis, information and insights into the Norwegian life insurance segment, including:
- The Norwegian life insurance segment’s growth prospects by life insurance categories
- Key trends and drivers for the life insurance segment
- The various distribution channels in the Norwegian life insurance segment
- The detailed competitive landscape in the life insurance segment in Norway
- Detailed regulatory framework of the Norwegian insurance industry
- A description of the life reinsurance segment in Norway
- Porter's Five Forces analysis of the life insurance segment
- A benchmarking section on the Norwegian life insurance segment in comparison with other countries in the Nordic Region

Summary
The Norwegian life insurance segment is one of the fastest-growing in the Nordic region. The segment posted a review-period (2008-2012) compound annual growth rate (CAGR) of 5.8% in gross written premium terms, despite low interest rates and the financial crisis. The segment managed to post positive growth on account of robust growth registered in the individual and group life categories. The growth was further READ MORE >

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Nordic Region Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Life Insurance Segment – Regional Benchmarking
4.1 Scale and penetration
4.1.1 Total gross written premium
4.1.2 Premium per capita
4.1.3 Life insurance penetration (% of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP
4.4 Distribution channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
4.4.4 Online channels
5 Norwegian Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008–2017
5.2 Key Industry Trends and Drivers
6 Life Insurance Outlook
6.1 Life Insurance Growth Prospects by Category
6.1.1 Individual life insurance
6.1.2 Individual general annuity insurance
6.1.3 Individual pension insurance
6.1.4 Individual endowment insurance
6.1.5 Individual unit-linked insurance
6.1.6 Individual term life Insurance
6.1.7 Group life insurance
6.1.8 Group superannuation insurance
6.1.9 Group unit-linked insurance
6.2 Life Insurance Growth Prospects by Product Type
6.2.1 Individual single-premium policies
6.2.2 Individual non-single-premium policies
6.2.3 Group single-premium policies
6.2.4 Group non-single-premium policies
7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers
7.6 Other Channels
8 Porter’s Five Forces Analysis – Norwegian Life Insurance
8.1 Bargaining Power of Suppliers: Medium
8.2 Bargaining Power of Buyers: Medium
8.3 Barriers to Entry: Medium
8.4 Intensity of Rivalry: Medium
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size by Type of Insurance, 2008–2017
10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation Trends by Type of Insurance
10.2.1 Life insurance regulatory trends
10.2.2 Property insurance regulatory trends
10.2.3 Motor insurance regulatory trends
10.2.4 Marine, aviation and transit insurance regulatory trends
10.2.5 Personal accident insurance regulatory trends
10.3 Compulsory Insurance
10.3.1 Workers’ compensation insurance
10.3.2 Motor third party liability insurance
10.3.3 Natural disaster insurance for property cover
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors
10.4.2 European Insurance and Occupational Pensions Authority (EIOPA)
10.4.3 The Financial Supervisory Authority of Norway (FSA)
10.5 Non-Admitted Insurance Regulatory Trends
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Investment regulations
10.6.8 Statutory return requirements
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Corporate tax
10.7.3 VAT
10.7.4 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in the Norwegian Life Insurance Segment
11.3 Comparison of the Top Five Insurers
11.3.1 Gross written premium
11.3.2 Gross claims
11.3.3 Assets
11.4 Kommunal Landspensjonskasse (KLP) – Company Overview
11.4.1 Kommunal Landspensjonskasse (KLP) – key facts
11.4.2 Kommunal Landspensjonskasse (KLP) – key financials
11.5 DNB Livsforsikring ASA – Company Overview
11.5.1 DNB Livsforsikring ASA – key facts
11.5.2 DNB Livsforsikring ASA – key financials
11.6 Storebrand Livsforsikring – Company Overview
11.6.1 Storebrand Livsforsikring – key facts
11.6.2 Storebrand Livsforsikring – key financials
11.7 Nordea Liv – Company Overview
11.7.1 Nordea Liv – key facts
11.7.2 Nordea Liv – key financials
11.8 Oslo Pensjonsforsikring – Company Overview
11.8.1 Oslo Pensjonsforsikring – key facts
11.8.2 Oslo Pensjonsforsikring – key financials
11.9 Sparebank 1 Livsforsikring AS – Company Overview
11.9.1 Sparebank 1 Livsforsikring AS – key facts
11.9.2 Sparebank 1 Livsforsikring AS – key financials
11.1 Gjensidige Forsikring ASA – Company Overview
11.10.1 Gjensidige Forsikring ASA – key facts
11.11 Gjensidige Pensjon – Company Overview
11.11.1 Gjensidige Pensjon – key facts
11.11.2 Gjensidige Pensjon – key financials
11.12 Danica Pensjonsforsikring AS – Company Overview
11.12.1 Danica Pensjonsforsikring AS – key facts
11.12.2 Danica Pensjonsforsikring AS – key financials
11.13 Tryg Forsikring – Company Overview
11.13.1 Tryg Forsikring – key facts
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend – Oslo Børs, Norway
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Annual average exchange rate US$–JPY
12.3 Infrastructure
12.3.1 Commercial vehicles exports – total value
12.3.2 Commercial vehicles imports – total value
12.3.3 Automotive exports – total value
12.3.4 Automotive imports – total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.4.2 Unemployment rate
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Household consumption expenditure (US$)
12.5.3 Total population
12.5.4 Urban and rural populations
12.5.5 Age distribution of the total population
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric’s Services
13.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2: Norwegian Insurance – Overall Written Premium by Segment (NOK Billion), 2008–2012
Table 3: Norwegian Insurance – Overall Written Premium by Segment (US$ Billion), 2008–2012
Table 4: Norwegian Insurance – Overall Written Premium by Segment (NOK Billion), 2012–2017
Table 5: Norwegian Insurance – Overall Written Premium by Segment (US$ Billion), 2012–2017
Table 6: Norwegian Insurance – Segmentation (Percentage Share), 2008–2017
Table 7: Norwegian Life Insurance – Written Premium by Category (NOK Billion), 2008–2012
Table 8: Norwegian Life Insurance – Written Premium by Category (US$ Billion), 2008–2012
Table 9: Norwegian Life Insurance – Written Premium by Category (NOK Billion), 2012–2017
Table 10: Norwegian Life Insurance – Written Premium by Category (US$ Billion), 2012–2017
Table 11: Norwegian Life Insurance – Earned Premium (NOK Billion), 2008–2012
Table 12: Norwegian Life Insurance – Earned Premium (NOK Billion), 2012–2017
Table 13: Norwegian Life Insurance – Sum Assured (NOK Billion), 2008–2012
Table 14: Norwegian Life Insurance – Sum Assured (NOK Billion), 2012–2017
Table 15: Norwegian Life Insurance – Paid Claims (NOK Billion), 2008–2012
Table 16: Norwegian Life Insurance – Paid Claims (NOK Billion), 2012–2017
Table 17: Norwegian Life Insurance – Incurred Loss (NOK Billion), 2008–2012
Table 18: Norwegian Life Insurance – Incurred Loss (NOK Billion), 2012–2017
Table 19: Norwegian Life Insurance – Loss Ratio (%), 2008–2012
Table 20: Norwegian Life Insurance – Loss Ratio (%), 2012–2017
Table 21: Norwegian Life Insurance – Commissions and Expenses (NOK Billion), 2008–2012
Table 22: Norwegian Life Insurance – Commissions and Expenses (NOK Billion), 2012–2017
Table 23: Norwegian Life Insurance – Combined Ratio (%), 2008–2012
Table 24: Norwegian Life Insurance – Combined Ratio (%), 2012–2017
Table 25: Norwegian Life Insurance – Frauds and Crimes (NOK Billion), 2008–2012
Table 26: Norwegian Life Insurance – Frauds and Crimes (NOK Billion), 2012–2017
Table 27: Norwegian Life Insurance – Total Assets (NOK Billion), 2008–2012
Table 28: Norwegian Life Insurance – Total Assets (NOK Billion), 2012–2017
Table 29: Norwegian Life Insurance – Total Investment Income (NOK Billion), 2008–2012
Table 30: Norwegian Life Insurance – Total Investment Income (NOK Billion), 2012–2017
Table 31: Norwegian Life Insurance – Retentions (NOK Billion), 2008–2012
Table 32: Norwegian Life Insurance – Retentions (NOK Billion), 2012–2017
Table 33: Norwegian Individual Life Insurance – Number of Active Policies (Thousand), 2008–2012
Table 34: Norwegian Individual Life Insurance – Number of Active Policies, 2012–2017
Table 35: Norwegian Individual Life Insurance – Written Premium (NOK Billion), 2008–2012
Table 36: Norwegian Individual Life Insurance – Written Premium (NOK Billion), 2012–2017
Table 37: Norwegian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2008–2012
Table 38: Norwegian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2012–2017
Table 39: Norwegian Individual General Annuity Insurance – Written Premium (NOK Billion), 2008–2012
Table 40: Norwegian Individual General Annuity Insurance – Written Premium (NOK Billion), 2012–2017
Table 41: Norwegian Individual Pension Insurance – Number of Active Policies (Thousand), 2008–2012
Table 42: Norwegian Individual Pension Insurance – Number of Active Policies (Thousand), 2012–2017
Table 43: Norwegian Individual Pension Insurance – Written Premium (NOK Billion), 2008–2012
Table 44: Norwegian Individual Pension Insurance – Written Premium (NOK Billion), 2012–2017
Table 45: Norwegian Individual Endowment Insurance – Number of Active Policies (Thousand), 2008–2012
Table 46: Norwegian Individual Endowment Insurance – Number of Active Policies (Thousand), 2012–2017
Table 47: Norwegian Individual Endowment Insurance – Written Premium (NOK Billion), 2008–2012
Table 48: Norwegian Individual Endowment Insurance – Written Premium (NOK Billion), 2012–2017
Table 49: Norwegian Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Table 50: Norwegian Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Table 51: Norwegian Individual Unit-Linked Insurance – Written Premium (NOK Billion), 2008–2012
Table 52: Norwegian Individual Unit-Linked Insurance – Written Premium (NOK Billion), 2012–2017
Table 53: Norwegian Individual Term Life Insurance – Number Of Active Policies (Thousand), 2008–2012
Table 54: Norwegian Individual Term Life Insurance – Number of Active Policies (Thousand), 2012–2017
Table 55: Norwegian Individual Term Life Insurance – Written Premium (NOK Billion), 2008–2012
Table 56: Norwegian Individual Term Life Insurance – Written Premium (NOK Billion), 2012–2017
Table 57: Norwegian Group Life Insurance – Number of Active Policies (Thousand), 2008–2012
Table 58: Norwegian Group Life Insurance – Number of Active Policies (Thousand), 2012–2017
Table 59: Norwegian Group Life Insurance – Written Premium (NOK Billion), 2008–2012
Table 60: Norwegian Group Life Insurance – Written Premium (NOK Billion), 2012–2017
Table 61: Norwegian Group Superannuation Insurance – Number of Active Policies (Thousand), 2008–2012
Table 62: Norwegian Group Superannuation Insurance – Number of Active Policies (Thousand), 2012–2017
Table 63: Norwegian Group Superannuation Insurance – Written Premium (NOK Billion), 2008–2012
Table 64: Norwegian Group Superannuation Insurance – Written Premium (NOK Billion), 2012–2017
Table 65: Norwegian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Table 66: Norwegian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Table 67: Norwegian Group Unit-Linked Insurance – Written Premium (NOK Billion), 2008–2012
Table 68: Norwegian Group Unit-Linked Insurance – Written Premium (NOK Billion), 2012–2017
Table 69: Norwegian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 70: Norwegian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 71: Norwegian Individual Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Table 72: Norwegian Individual Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Table 73: Norwegian Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 74: Norwegian Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 75: Norwegian Individual Non-Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Table 76: Norwegian Individual Non-Single-Premium Insurance – Written Premium(NOK Billion), 2012–2017
Table 77: Norwegian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 78: Norwegian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Table 79: Norwegian Group Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Table 80: Norwegian Group Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Table 81: Norwegian Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Table 82: Norwegian Group Non-Single-Premium Insurance – Number of Active Policies (Thousand),2012–2017
Table 83: Norwegian Group Non-Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Table 84: Norwegian Group Non-Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Table 85: Norwegian Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2008–2012
Table 86: Norwegian Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2012–2017
Table 87: Norwegian Life Insurance – New Business Written Premium Through Direct Marketing (NOK Billion), 2008–2012
Table 88: Norwegian Life Insurance – New Business Written Premium Through Direct Marketing (NOK Billion), 2012–2017
Table 89: Norwegian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2008–2012
Table 90: Norwegian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2012–2017
Table 91: Norwegian Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Table 92: Norwegian Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Table 93: Norwegian Life Insurance – Bancassurance Commission Paid (NOK Billion), 2008–2012
Table 94: Norwegian Life Insurance – Bancassurance Commission Paid (NOK Billion), 2012–2017
Table 95: Norwegian Life Insurance – New Business Written Premium Through Bancassurance (NOK Billion), 2008–2012
Table 96: Norwegian Life Insurance – New Business Written Premium Through Bancassurance (NOK Billion), 2012–2017
Table 97: Norwegian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2008–2012
Table 98: Norwegian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2012–2017
Table 99: Norwegian Life Insurance – Number of Bancassurance Distributors, 2008–2012
Table 100: Norwegian Life Insurance – Number of Bancassurance Distributors, 2012–2017
Table 101: Norwegian Life Insurance – Commission Paid to Agencies (NOK Billion), 2008–2012
Table 102: Norwegian Life Insurance – Commission Paid to Agencies (NOK Billion), 2012–2017
Table 103: Norwegian Life Insurance – New Business Written Premium Through Agencies (NOK Billion), 2008–2012
Table 104: Norwegian Life Insurance – New Business Written Premium Through Agencies (NOK Billion), 2012–2017
Table 105: Norwegian Life Insurance – New Policies Sold Through Agencies (Thousand), 2008–2012
Table 106: Norwegian Life Insurance – New Policies Sold Through Agencies (Thousand), 2012–2017
Table 107: Norwegian Life Insurance – Number of Agencies, 2008–2012
Table 108: Norwegian Life Insurance – Number of Agencies, 2012–2017
Table 109: Norwegian Life Insurance – E-Commerce Commission Paid (NOK Billion), 2008–2012
Table 110: Norwegian Life Insurance – E-Commerce Commission Paid (NOK Billion), 2012–2017
Table 111: Norwegian Life Insurance – New Business Written Premium Through E-Commerce (NOK Billion), 2008–2012
Table 112: Norwegian Life Insurance – New Business Written Premium Through E-Commerce (NOK Billion), 2012–2017
Table 113: Norwegian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2008–2012
Table 114: Norwegian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2012–2017
Table 115: Norwegian Life Insurance – Number of E-Commerce Distributors, 2008–2012
Table 116: Norwegian Life Insurance – Number of E-Commerce Distributors, 2012–2017
Table 117: Norwegian Life Insurance – Commission Paid to Brokers (NOK Billion), 2008–2012
Table 118: Norwegian Life Insurance – Commission Paid to Brokers (NOK Billion), 2012–2017
Table 119: Norwegian Life Insurance – New Business Written Premium Through Brokers (NOK Billion), 2008–2012
Table 120: Norwegian Life Insurance – New Business Written Premium Through Brokers (NOK Billion), 2012–2017
Table 121: Norwegian Life Insurance – New Policies Sold Through Brokers (Thousand), 2008–2012
Table 122: Norwegian Life Insurance – New Policies Sold Through Brokers (Thousand), 2012–2017
Table 123: Norwegian Life Insurance – Number of Brokers, 2008–2012
Table 124: Norwegian Life Insurance – Number of Brokers, 2012–2017
Table 125: Norwegian Life Insurance – Commission Paid to Other Channels (NOK Billion), 2008–2012
Table 126: Norwegian Life Insurance – Commission Paid to Other Channels (NOK Billion), 2012–2017
Table 127: Norwegian Life Insurance – New Business Written Premium Through Other Channels (NOK Billion), 2008–2012
Table 128: Norwegian Life Insurance – New Business Written Premium Through Other Channels (NOK Billion), 2012–2017
Table 129: Norwegian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2008–2012
Table 130: Norwegian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2012–2017
Table 131: Norwegian Life Insurance – Number of Distributors in Other Channels, 2008–2012
Table 132: Norwegian Life Insurance – Number of Distributors in Other Channels, 2012–2017
Table 133: Norwegian Premium Ceded to Reinsurance by Type of Insurance (NOK Billion), 2008–2012
Table 134: Norwegian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008–2012
Table 135: Norwegian Premium Ceded to Reinsurance by Type of Insurance (NOK Billion), 2012–2017
Table 136: Norwegian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012–2017
Table 137: Norwegian Life Insurance – Percentage of Reinsurance Ceded (%), 2008–2012
Table 138: Norwegian Life Insurance – Percentage of Reinsurance Ceded (%), 2012–2017
Table 139: Norway – Corporation Tax Rates for the Financial Year 2013
Table 140: Shares of Key Insurers in the Norwegian Life Insurance Segment (%), 2011 and 2012
Table 141: Kommunal Landspensjonskasse (KLP), Key Facts
Table 142: Kommunal Landspensjonskasse (KLP), Key Financials (NOK Million), 2008–2012
Table 143: DNB Livsforsikring ASA, Key Facts
Table 144: DNB Livsforsikring ASA, Key Financials (NOK Million), 2011 and 2012
Table 145: Storebrand Livsforsikring, Key Facts
Table 146: Storebrand Livsforsikring, Key Financials (NOK Million), 2008–2012
Table 147: Nordea Liv, Key Facts
Table 148: Nordea Liv, Key Financials (NOK Million), 2008–2012
Table 149: Oslo Pensjonsforsikring, Key Facts
Table 150: Oslo Pensjonsforsikring, Key Financials (NOK Million), 2010–2012
Table 151: Sparebank 1 Livsforsikring AS, Key Facts
Table 152: Sparebank 1 Livsforsikring AS, Key Financials (NOK Million), 2008–2012
Table 153: Gjensidige Forsikring ASA, Key Facts
Table 154: Gjensidige Pensjon, Key Facts
Table 155: Gjensidige Pensjon, Key Financials (NOK Million), 2008–2012
Table 156: Danica Pensjonsforsikring AS, Key Facts
Table 157: Danica Pensjonsforsikring AS, Key Financials (NOK Million), 2008–2012
Table 158: Tryg Forsikring, Key Facts

List of Figures
Figure 1: Nordic Region – Snapshot of the Economy and Population, 2012
Figure 2: Nordic Region – Growth Trends in the Insurance Industry (%), 2007–2016
Figure 3: Nordic Region – Aging Population by Country, 2012 and 2017
Figure 4: Nordic Region – Insurance Industry by Segment (US$ Billion), 2011
Figure 5: Nordic Life Insurance – Gross Written Premium (US$ Billion), 2011
Figure 6: Nordic Life Insurance – Premium Per Capita (US$), 2011
Figure 7: Nordic Life Insurance – Penetration (% of GDP), 2011 and 2016
Figure 8: Nordic Life Insurance – Gross Written Premium Growth (%), 2007–2016
Figure 9: Nordic Life Insurance – Gross Written Premium per Capita (%), 2007–2016
Figure 10: Nordic Life Insurance – Loss Ratio (%), 2011 and 2016
Figure 11: Nordic Life Insurance – Combined Ratio (%), 2011 and 2016
Figure 12: Nordic Life Insurance – Incurred Losses per Capita (US$), 2011 and 2016
Figure 13: Nordic Life Insurance – Incurred Losses as a Percentage of GDP (%), 2011 and 2016
Figure 14: Nordic Life Insurance – New Business Gross Written Premium for Direct Marketing (%), 2007–2016
Figure 15: Nordic Life Insurance – Share of New Business Gross Written Premium for Bancassurance (%), 2007–2016
Figure 16: Nordic Life Insurance – Share of New Business Gross Written Premium for Agencies (%), 2007–2016
Figure 17: Nordic Life insurance – Share of New Business Gross Written Premium for Online Channels (%), 2007–2016
Figure 18: Norwegian Insurance – Overall Written Premium by Segment (NOK Billion), 2008–2017
Figure 19: Norwegian Insurance – Dynamics by Segment (%), 2008–2017
Figure 20: Norwegian Life Insurance – Written Premium by Category (NOK Billion), 2008–2017
Figure 21: Norwegian Life Insurance – Written Premium by Category (Percentage Share), 2012 and 2017
Figure 22: Norwegian Life Insurance – Dynamics by Category, 2008–2017
Figure 23: Norwegian Life Insurance – Earned Premium (NOK Billion), 2008–2012
Figure 24: Norwegian Life Insurance – Earned Premium (NOK Billion), 2012–2017
Figure 25: Norwegian Life Insurance – Sum Assured (NOK Billion), 2008–2012
Figure 26: Norwegian Life Insurance – Sum Assured (NOK Billion), 2012–2017
Figure 27: Norwegian Life Insurance – Paid Claims (NOK Billion), 2008–2012
Figure 28: Norwegian Life Insurance – Paid Claims (NOK Billion), 2012–2017
Figure 29: Norwegian Life Insurance – Incurred Loss (NOK Billion), 2008–2012
Figure 30: Norwegian Life Insurance – Incurred Loss (NOK Billion), 2012–2017
Figure 31: Norwegian Life Insurance – Loss Ratio (%), 2008–2012
Figure 32: Norwegian Life Insurance – Loss Ratio (%), 2012–2017
Figure 33: Norwegian Life Insurance – Commissions and Expenses (NOK Billion), 2008–2012
Figure 34: Norwegian Life Insurance – Commissions and Expenses (NOK Billion), 2012–2017
Figure 35: Norwegian Life Insurance – Combined Ratio (%), 2008–2012
Figure 36: Norwegian Life Insurance – Combined Ratio (%), 2012–2017
Figure 37: Norwegian Life Insurance – Frauds and Crimes (NOK Billion), 2008–2012
Figure 38: Norwegian Life Insurance – Frauds and Crimes (NOK Billion), 2012–2017
Figure 39: Norwegian Life Insurance – Total Assets (NOK Billion), 2008–2012
Figure 40: Norwegian Life Insurance – Total Assets (NOK Billion), 2012–2017
Figure 41: Norwegian Life Insurance – Total Investment Income (NOK Billion), 2008–2012
Figure 42: Norwegian Life Insurance – Total Investment Income (NOK Billion), 2012–2017
Figure 43: Norwegian Life Insurance – Retentions (NOK Billion), 2008–2012
Figure 44: Norwegian Life Insurance – Retentions (NOK Billion), 2012–2017
Figure 45: Norwegian Life Insurance – Investment Portfolio (NOK Billion), 2008–2012
Figure 46: Norwegian Life Insurance – Investment Portfolio, 2008 and 2012
Figure 47: Norwegian Life Insurance – Penetration (%), 2008–2012
Figure 48: Norwegian Life Insurance – Density (Number of Policies per Capita), 2008–2012
Figure 49: Norwegian Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 50: Norwegian Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 51: Norwegian Life Insurance – Premium Per-capita (NOK), 2008–2012
Figure 52: Norwegian Individual Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 53: Norwegian Individual Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 54: Norwegian Individual Life Insurance – Written Premium (NOK Billion), 2008–2012
Figure 55: Norwegian Individual Life Insurance – Written Premium (NOK Billion), 2012–2017
Figure 56: Norwegian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 57: Norwegian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 58: Norwegian Individual General Annuity Insurance – Written Premium (NOK Billion), 2008–2012
Figure 59: Norwegian Individual General Annuity Insurance – Written Premium (NOK Billion), 2012–2017
Figure 60: Norwegian Individual Pension Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 61: Norwegian Individual Pension Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 62: Norwegian Individual Pension Insurance – Written Premium (NOK Billion), 2008–2012
Figure 63: Norwegian Individual Pension Insurance – Written Premium (NOK Billion), 2012–2017
Figure 64: Norwegian Individual Endowment Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 65: Norwegian Individual Endowment Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 66: Norwegian Individual Endowment Insurance – Written Premium (NOK Billion), 2008–2012
Figure 67: Norwegian Individual Endowment Insurance – Written Premium (NOK Billion), 2012–2017
Figure 68: Norwegian Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 69: Norwegian Individual Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 70: Norwegian Individual Unit-Linked Insurance – Written Premium (NOK Billion), 2008–2012
Figure 71: Norwegian Individual Unit-Linked Insurance – Written Premium (NOK Billion), 2012–2017
Figure 72: Norwegian Individual Term Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 73: Norwegian Individual Term Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 74: Norwegian Individual Term Life Insurance – Written Premium (NOK Billion), 2008–2012
Figure 75: Norwegian Individual Term Life Insurance – Written Premium (NOK Billion), 2012–2017
Figure 76: Norwegian Group Life Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 77: Norwegian Group Life Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 78: Norwegian Group Life Insurance – Written Premium (NOK Billion), 2008–2012
Figure 79: Norwegian Group Life Insurance – Written Premium (NOK Billion), 2012–2017
Figure 80: Norwegian Group Superannuation Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 81: Norwegian Group Superannuation Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 82: Norwegian Group Superannuation Insurance – Written Premium (NOK Billion), 2008–2012
Figure 83: Norwegian Group Superannuation Insurance – Written Premium (NOK Billion), 2012–2017
Figure 84: Norwegian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 85: Norwegian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 86: Norwegian Group Unit-Linked Insurance – Written Premium (NOK Billion), 2008–2012
Figure 87: Norwegian Group Unit-Linked Insurance – Written Premium (NOK Billion), 2012–2017
Figure 88: Norwegian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 89: Norwegian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 90: Norwegian Individual Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Figure 91: Norwegian Individual Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Figure 92: Norwegian Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 93: Norwegian Individual Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 94: Norwegian Individual Non-Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Figure 95: Norwegian Individual Non-Single-Premium Insurance – Written Premium(NOK Billion), 2012–2017
Figure 96: Norwegian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 97: Norwegian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2012–2017
Figure 98: Norwegian Group Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Figure 99: Norwegian Group Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Figure 100: Norwegian Group Non-Single-Premium Insurance – Number of Active Policies (Thousand), 2008–2012
Figure 101: Norwegian Group Non-Single-Premium Insurance – Number of Active Policies (Thousand),2012–2017
Figure 102: Norwegian Group Non-Single-Premium Insurance – Written Premium (NOK Billion), 2008–2012
Figure 103: Norwegian Group Non-Single-Premium Insurance – Written Premium (NOK Billion), 2012–2017
Figure 104: Norwegian Life Insurance – New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 105: Norwegian Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2008–2012
Figure 106: Norwegian Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2012–2017
Figure 107: Norwegian Life Insurance – New Business Written Premium Through Direct Marketing (NOK Billion), 2008–2012
Figure 108: Norwegian Life Insurance – New Business Written Premium Through Direct Marketing (NOK Billion), 2012–2017
Figure 109: Norwegian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2008–2012
Figure 110: Norwegian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2012–2017
Figure 111: Norwegian Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Figure 112: Norwegian Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Figure 113: Norwegian Life Insurance – Bancassurance Commission Paid (NOK Billion), 2008–2012
Figure 114: Norwegian Life Insurance – Bancassurance Commission Paid (NOK Billion), 2012–2017
Figure 115: Norwegian Life Insurance – New Business Written Premium Through Bancassurance (NOK Billion), 2008–2012
Figure 116: Norwegian Life Insurance – New Business Written Premium Through Bancassurance (NOK Billion), 2012–2017
Figure 117: Norwegian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2008–2012
Figure 118: Norwegian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2012–2017
Figure 119: Norwegian Life Insurance – Number of Bancassurance Distributors, 2008–2012
Figure 120: Norwegian Life Insurance – Number of Bancassurance Distributors, 2012–2017
Figure 121: Norwegian Life Insurance – Commission Paid to Agencies (NOK Billion), 2008–2012
Figure 122: Norwegian Life Insurance – Commission Paid to Agencies (NOK Billion), 2012–2017
Figure 123: Norwegian Life Insurance – New Business Written Premium Through Agencies (NOK Billion), 2008–2012
Figure 124: Norwegian Life Insurance – New Business Written Premium Through Agencies (NOK Billion), 2012–2017
Figure 125: Norwegian Life Insurance – New Policies Sold Through Agencies (Thousand), 2008–2012
Figure 126: Norwegian Life Insurance – New Policies Sold Through Agencies (Thousand), 2012–2017
Figure 127: Norwegian Life Insurance – Number of Agencies, 2008–2012
Figure 128: Norwegian Life Insurance – Number of Agencies, 2012–2017
Figure 129: Norwegian Life Insurance – E-Commerce Commission Paid (NOK Billion), 2008–2012
Figure 130: Norwegian Life Insurance – E-Commerce Commission Paid (NOK Billion), 2012–2017
Figure 131: Norwegian Life Insurance – New Business Written Premium Through E-Commerce (NOK Billion), 2008–2012
Figure 132: Norwegian Life Insurance – New Business Written Premium Through E-Commerce (NOK Billion), 2012–2017
Figure 133: Norwegian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2008–2012
Figure 134: Norwegian Life Insurance – New Polic

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Sparebank 1 Livsforsikring AS
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Gjensidige Pensjon
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