Key Market Indicators
Norway is projected to reach $21.8 billion in gross written premium by 2026, up from $20.7 billion in 2021. This marks an average annual growth rate of 0.5 percent since 1988. The country ranked 23rd in 2021, overtaken by Russia which had $20.7 billion. The United Kingdom, Japan and Germany ranked second, third and fourth, respectively. Norwegian insurance spending is projected to reach €2.2 billion by 2026, up from €2.1 billion in 2021. This marks an average annual growth rate of 0.7 percent since 1980. However, demand has decreased by an average of 1.9 percent annually since then.
Norway Insurance Market Data and Forecasts
How much will Norway Insurance Market grow to 2026?
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