Key Market Indicators
Swedish Life Insurance Revenue is projected to rise to approximately €14.7 billion by 2028, up from €13.9 billion in 2023. This marks an average annual growth rate of 0.9%. Since 2018, the Swedish market has consistently grown at this rate. In global rankings for 2023, Sweden held the 10th position, while Latvia overtook it with the same revenue figure of €13.9 billion. Denmark, Germany, and Italy occupied the second, third, and fourth spots respectively. In contrast, Swedish Life Insurance Gross Written Premium is set to decline to about $20.5 billion by 2028, down from $22.4 billion in 2023. This represents an average annual decrease of 1.3%. Since 2015, the Swedish supply has diminished at a rate of 1.5% per year.
