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

Life Insurance in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
The Scandinavian life insurance market had total gross written premiums of $93.8bn in 2020, representing a compound annual growth rate (CAGR) of 5.3% between 2016 and 2020.
The Life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $60.9bn, equivalent to 65% of the market's overall value.
0

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Scandinavia
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Scandinavia
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 Scandinavia life insurance market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the Scandinavia life insurance market by value in 2020?
What will be the size of the Scandinavia life insurance market in 2025?
What factors are affecting the strength of competition in the Scandinavia life insurance market?
How has the market performed over the last five years?
Who are the top competitiors in Scandinavia's life insurance market?

Frequently Asked Questions about the Scandinavian Life Insurance Market

What is the estimated value of the Scandinavian Life Insurance Market?

The Scandinavian Life Insurance Market was estimated to be valued at $93.76 Billion in 2020.

What is the growth rate of the Scandinavian Life Insurance Market?

The growth rate of the Scandinavian Life Insurance Market is 4.2%, with an estimated value of $115.39 Billion by 2025.

What is the forecasted size of the Scandinavian Life Insurance Market?

The Scandinavian Life Insurance Market is estimated to be worth $115.39 Billion by 2025.

Who are the key companies in the Scandinavian Life Insurance Market?

Key companies in the Scandinavian Life Insurance Market include Nordea Liv, Mandatum Life Insurance Co Ltd, PFA Pension Forsikringsaktieselskab and OP Financial Group.

Report Attribute	Details
No. of Pages	39
Published	October 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 93.76 Billion
Forecasted Market Value ( USD ) by 2025	$ 115.39 Billion
Compound Annual Growth Rate	4.2%
Regions Covered	Denmark, Norway, Sweden

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 are the strengths of leading players?
7.5. How has the COVID-19 outbreak impacted the market?

8 Company Profiles

8.1. Nordea Liv
8.2. Mandatum Life Insurance Co Ltd
8.3. PFA Pension Forsikringsaktieselskab
8.4. OP Financial Group

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author

List of Tables

Table 1: Scandinavia life insurance market value: $ billion, 2016-20
Table 2: Scandinavia life insurance market category segmentation: $ billion, 2020
Table 3: Scandinavia life insurance market geography segmentation: $ billion, 2020
Table 4: Scandinavia life insurance market value forecast: $ billion, 2020-25
Table 5: Scandinavia life insurance market share: % share, by value, 2020
Table 6: Nordea Liv: key facts
Table 7: Nordea Liv: Key Employees
Table 8: Mandatum Life Insurance Co Ltd: key facts
Table 9: Mandatum Life Insurance Co Ltd: Key Employees
Table 10: PFA Pension Forsikringsaktieselskab: key facts
Table 11: PFA Pension Forsikringsaktieselskab: Key Employees
Table 12: OP Financial Group: key facts
Table 13: OP Financial Group: Key Employees
Table 14: Scandinavia exchange rate, 2016-20

List of Figures

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