Executive Summary
Azoth Analytics has released a research report titled "Nordic Property and Casualty Insurance Market (2023 Edition)" which provides a complete analysis of the Property and Casualty Insurance industry of the Nordic region in terms of market segmentation By Insurance Type (Property Insurance, Motor Insurance, Accident, Illness and Health Insurance and Others), By Sales Channel (Direct Business, Insurance Agent, Banks and Others), By End-Users (Commercial and Individual) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.
The research report covers a detailed analysis of the Countries (Denmark, Finland, Norway, Sweden). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities, and demand forecast. The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.
The Nordic Property and Casualty Insurance market by Value of Gross Written Premiums amounted to USD 38.9 Billion in 2022 which is expected to reach USD 57.35 Billion in 2029. The Nordic region has a high level of insurance awareness among individuals and businesses. The population's strong awareness of risk management and their willingness to protect their assets and properties through insurance creates a thriving market.
The Property and Casualty Insurance Market of the Nordic region is expected to grow in the forecast period and register a market value of USD 57.35 Billion in 2029 at a CAGR of 5.8% during the forecast period. As digitalization and technology adoption increase, the demand for cyber insurance coverage is also rising. Nordic countries, known for their advanced technological infrastructure and high internet penetration rates, present opportunities for property and casualty insurers to tap into the expanding cyber insurance market.
Property and casualty insurers can leverage the Nordic market's characteristics to cross-sell and bundle insurance products. For example, offering property insurance along with casualty insurance or combining traditional coverage with emerging areas like renewable energy or green building initiatives.
Additionally, the Nordic countries are known for their technological advancements and high digital maturity. Insurers can capitalize on this by leveraging digital platforms, artificial intelligence, and data analytics to streamline operations, enhance customer experiences, and develop customized insurance solutions.
Scope of the Report
• The report analyses the Nordic Property and Casualty Insurance Market by Value of Gross Written Premiums (USD Billion)
• The research report covers a detailed analysis of the Countries (Denmark, Finland, Norway, Sweden).
• The report presents the analysis of the Nordic Property and Casualty Insurance Market for the historical period of 2019-2022, the estimated year 2023, and the forecast period of 2024-2029.
• The report analyses the Nordic Property and Casualty Insurance Market by Insurance Type (Property Insurance, Motor Insurance, Accident, Illness and Health Insurance and Others)
• The report analyses the Nordic Property and Casualty Insurance Market by Sales Channel (Direct Business, Insurance Agent, Banks, and Others).
• The report analyses the Nordic Property and Casualty Insurance Market by End-Users (Commercial and Individual).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Insurance Type, By Sales Channel & by End-Users.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analyzed in the report include off are Sampo Group, Tryg, lansforsakningar, Gjensidige, OP Group, Alm Brand, Folksam, Fremtind, Local Tapiola, Topdanmark.
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
2.1 Data Security and Privacy Services
2.2 Digital Transformation in Claims Processing
3. Global Property and Casualty Insurance Market: Historic and Forecast
3.1 Global Property and Casualty Insurance Market: Market Value Assessment
4. Nordic Property and Casualty Insurance Market: Historic and Forecast (2019-2029)
4.1 Impact Analysis of Macro Economic Factors on the Nordic Property and Casualty Insurance Market
4.2 Nordic Property and Casualty Insurance Market: Ecosystem Analysis
4.2.1 Share of Total GWP By Nordic Countries
4.2.2 List of European Insurers
4.3 Nordic Property and Casualty Insurance Market: Dashboard
4.4 Nordic Property and Casualty Insurance Market: Market Value Assessment
4.5 Impact of COVID-19 on Nordic Property and Casualty Insurance Market
4.6 Nordic Property and Casualty Insurance Market Segmentation: By Insurance Type
4.6.1 Nordic Property and Casualty Insurance Market, By Insurance Type Overview
4.6.2 Nordic Property and Casualty Insurance Market: By Insurance Type
4.6.3 Nordic Property and Casualty Insurance Market Size, By Property Insurance, By Value, 2019H-2029F (USD Million & CAGR)
4.6.4 Nordic Property and Casualty Insurance Market Size, By Motor Insurance, By Value, 2019H-2029F (USD Million & CAGR)
4.6.5 Nordic Property and Casualty Insurance Market Size, By Accident, Illness and Health, By Value, 2019H-2029F (USD Million & CAGR)
4.6.6 Nordic Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
4.7 Nordic Property and Casualty Insurance Market Segmentation: By Sales Channel
4.7.1 Nordic Property and Casualty Insurance Market, By Sales Channel Overview
4.7.2 Nordic Property and Casualty Insurance Market: By Sales Channel
4.7.3 Nordic Property and Casualty Insurance Market Size, By Direct Business, By Value, 2019H-2029F (USD Million & CAGR)
4.7.4 Nordic Property and Casualty Insurance Market Size, By Insurance Agent, By Value, 2019H-2029F (USD Million & CAGR)
4.7.5 Nordic Property and Casualty Insurance Market Size, By Banks, By Value, 2019H-2029F (USD Million & CAGR)
4.7.6 Nordic Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
4.8 Nordic Property and Casualty Insurance Market Segmentation: By End-Users
4.8.1 Nordic Property and Casualty Insurance Market, By End-Users Overview
4.8.2 Nordic Property and Casualty Insurance Market: By End-Users
4.8.3 Nordic Property and Casualty Insurance Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
4.8.4 Nordic Property and Casualty Insurance Market Size, By Individual, By Value, 2019H-2029F (USD Million & CAGR)
5. Nordic Property and Casualty Insurance Market, Country Analysis
5.1 Country Snapshot
5.2 Nordic Property and Casualty Insurance Market, By Country Overview
6. Denmark Property and Casualty Insurance Market: Market Value Assessment, 2019H-2029F (USD Million & CAGR)
6.1 Denmark Property and Casualty Insurance Market: Market Value Assessment
6.2 Market Share of Leading Companies
6.3 Property & Casualty Insurance Claims
6.4 Denmark Property and Casualty Insurance Market: Market Value Assessment
6.5 Denmark Property and Casualty Insurance Market, By Insurance Type Overview
6.6 Denmark Property and Casualty Insurance Market Segmentation: By Insurance Type
6.6.1 Denmark Property and Casualty Insurance Market Size, By Property Insurance, By Value, 2019H-2029F (USD Million & CAGR)
6.6.2 Denmark Property and Casualty Insurance Market Size, By Motor Insurance, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Denmark Property and Casualty Insurance Market Size, By Accident, Illness and Health, By Value, 2019H-2029F (USD Million & CAGR)
6.6.4 Denmark Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
6.7 Denmark Property and Casualty Insurance Market Segmentation: By Sales Channel
6.7.1 Denmark Property and Casualty Insurance Market, By Sales Channel Overview
6.7.2 Denmark Property and Casualty Insurance Market: By Sales Channel
6.7.3 Denmark Property and Casualty Insurance Market Size, By Direct Business, By Value, 2019H-2029F (USD Million & CAGR)
6.7.4 Denmark Property and Casualty Insurance Market Size, By Insurance Agent, By Value, 2019H-2029F (USD Million & CAGR)
6.7.5 Denmark Property and Casualty Insurance Market Size, By Banks, By Value, 2019H-2029F (USD Million & CAGR)
6.7.6 Denmark Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
6.8 Denmark Property and Casualty Insurance Market Segmentation: By End-Users
6.8.1 Denmark Property and Casualty Insurance Market, By End-Users Overview
6.8.2 Denmark Property and Casualty Insurance Market: By End-Users
6.8.3 Denmark Property and Casualty Insurance Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
6.8.4 Denmark Property and Casualty Insurance Market Size, By Individual, By Value, 2019H-2029F (USD Million & CAGR)
7 Finland Property and Casualty Insurance Market: Market Value Assessment, 2019H-2029F (USD Million & CAGR)
7.1 Finland Property and Casualty Insurance Market: Market Value Assessment
7.2 Market Share of Leading Companies
7.3 Property & Casualty Insurance Claims
7.4 Finland Property and Casualty Insurance Market: Market Value Assessment
7.5 Finland Property and Casualty Insurance Market, By Insurance Type Overview
7.6 Finland Property and Casualty Insurance Market Segmentation: By Insurance Type
7.6.1 Finland Property and Casualty Insurance Market Size, By Property Insurance, By Value, 2019H-2029F (USD Million & CAGR)
7.6.2 Finland Property and Casualty Insurance Market Size, By Motor Insurance, By Value, 2019H-2029F (USD Million & CAGR)
7.6.3 Finland Property and Casualty Insurance Market Size, By Accident, Illness and Health, By Value, 2019H-2029F (USD Million & CAGR)
7.6.4 Finland Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
7.7 Finland Property and Casualty Insurance Market Segmentation: By Sales Channel
7.7.1 Finland Property and Casualty Insurance Market, By Sales Channel Overview
7.7.2 Finland Property and Casualty Insurance Market: By Sales Channel
7.7.3 Finland Property and Casualty Insurance Market Size, By Direct Business, By Value, 2019H-2029F (USD Million & CAGR)
7.7.4 Finland Property and Casualty Insurance Market Size, By Insurance Agent, By Value, 2019H-2029F (USD Million & CAGR)
7.7.5 Finland Property and Casualty Insurance Market Size, By Banks, By Value, 2019H-2029F (USD Million & CAGR)
7.7.6 Finland Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
7.8 Finland Property and Casualty Insurance Market Segmentation: By End-Users
7.8.1 Finland Property and Casualty Insurance Market, By End-Users Overview
7.8.2 Finland Property and Casualty Insurance Market: By End-Users
7.8.3 Finland Property and Casualty Insurance Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
7.8.4 Finland Property and Casualty Insurance Market Size, By Individual, By Value, 2019H-2029F (USD Million & CAGR)
8 Norway Property and Casualty Insurance Market: Market Value Assessment, 2019H-2029F (USD Million & CAGR)
8.1 Norway Property and Casualty Insurance Market: Market Value Assessment
8.2 Market Share of Leading Companies
8.3 Net Gross Written Premiums Of Reinsurance
8.4 Norway Property and Casualty Insurance Market: Market Value Assessment
8.5 Norway Property and Casualty Insurance Market, By Insurance Type Overview
8.6 Norway Property and Casualty Insurance Market Segmentation: By Insurance Type
8.6.1 Norway Property and Casualty Insurance Market Size, By Property Insurance, By Value, 2019H-2029F (USD Million & CAGR)
8.6.2 Norway Property and Casualty Insurance Market Size, By Motor Insurance, By Value, 2019H-2029F (USD Million & CAGR)
8.6.3 Norway Property and Casualty Insurance Market Size, By Accident, Illness and Health, By Value, 2019H-2029F (USD Million & CAGR)
8.6.4 Norway Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
8.7 Norway Property and Casualty Insurance Market Segmentation: By Sales Channel
8.7.1 Norway Property and Casualty Insurance Market, By Sales Channel Overview
8.7.2 Norway Property and Casualty Insurance Market: By Sales Channel
8.7.3 Norway Property and Casualty Insurance Market Size, By Direct Business, By Value, 2019H-2029F (USD Million & CAGR)
8.7.4 Norway Property and Casualty Insurance Market Size, By Insurance Agent, By Value, 2019H-2029F (USD Million & CAGR)
8.7.5 Norway Property and Casualty Insurance Market Size, By Banks, By Value, 2019H-2029F (USD Million & CAGR)
8.7.6 Norway Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
8.8 Norway Property and Casualty Insurance Market Segmentation: By End-Users
8.8.1 Norway Property and Casualty Insurance Market, By End-Users Overview
8.8.2 Norway Property and Casualty Insurance Market: By End-Users
8.8.3 Norway Property and Casualty Insurance Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
8.8.4 Norway Property and Casualty Insurance Market Size, By Individual, By Value, 2019H-2029F (USD Million & CAGR)
9. Sweden Property and Casualty Insurance Market: Market Value Assessment, 2019H-2029F (USD Million & CAGR)
9.1 Sweden Property and Casualty Insurance Market: Market Value Assessment
9.2 Market Share of Leading Companies
9.3 Net Gross Written Premiums Of Reinsurance
9.4 Sweden Property and Casualty Insurance Market: Market Value Assessment
9.5 Sweden Property and Casualty Insurance Market, By Insurance Type Overview
9.6 Sweden Property and Casualty Insurance Market Segmentation: By Insurance Type
9.6.1 Sweden Property and Casualty Insurance Market Size, By Property Insurance, By Value, 2019H-2029F (USD Million & CAGR)
9.6.2 Sweden Property and Casualty Insurance Market Size, By Motor Insurance, By Value, 2019H-2029F (USD Million & CAGR)
9.6.3 Sweden Property and Casualty Insurance Market Size, By Accident, Illness and Health, By Value, 2019H-2029F (USD Million & CAGR)
9.6.4 Sweden Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
9.7 Sweden Property and Casualty Insurance Market Segmentation: By Sales Channel
9.7.1 Sweden Property and Casualty Insurance Market, By Sales Channel Overview
9.7.2 Sweden Property and Casualty Insurance Market: By Sales Channel
9.7.3 Sweden Property and Casualty Insurance Market Size, By Direct Business, By Value, 2019H-2029F (USD Million & CAGR)
9.7.4 Sweden Property and Casualty Insurance Market Size, By Insurance Agent, By Value, 2019H-2029F (USD Million & CAGR)
9.7.5 Sweden Property and Casualty Insurance Market Size, By Banks, By Value, 2019H-2029F (USD Million & CAGR)
9.7.6 Sweden Property and Casualty Insurance Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
9.8 Sweden Property and Casualty Insurance Market Segmentation: By End-Users
9.8.1 Sweden Property and Casualty Insurance Market, By End-Users Overview
9.8.2 Sweden Property and Casualty Insurance Market: By End-Users
9.8.3 Sweden Property and Casualty Insurance Market Size, By Commercial, By Value, 2019H-2029F (USD Million & CAGR)
9.8.4 Sweden Property and Casualty Insurance Market Size, By Individual, By Value, 2019H-2029F (USD Million & CAGR)
10. Market Dynamics
10.1 Impact Assessment of Market Dynamics on the Nordic Property and Casualty Insurance Market
10.2 Drivers
10.3 Restraints
10.4 Trends
11. Industry Ecosystem Analysis
11.2 Porter Analysis
12. Competitive Positioning
12.1 Companies' Product Positioning
12.2 Market Position Matrix
12.3 Market Share Analysis of the Nordic Property and Casualty Insurance Market
12.4 Company Profiles
12.4.1 Sampo Group
12.4.2 Tryg
12.4.3 Lansforsakningar
12.4.4 Gjensidige
12.4.5 OP Group
12.4.6 Alm Brand
12.4.7 Folksam
12.4.8 Fremtind
12.4.9 Local Tapiola
12.4.10 Topdanmark
Price : US$ 3500 |
Date : Dec 2024 |
Category : Services |
Pages : 140 |
Price : US$ 3500 |
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Pages : 140 |
Price : US$ 3500 |
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