Key Market Indicators
Finnish life insurance revenue is projected to climb to approximately €6.5 billion by 2028, up from around €6.1 billion in 2023, representing an annual compound growth rate (CAGR) of 1.1%. Since 2018, the Finnish life insurance market has experienced a notable increase, growing at an annual rate of 6.9%. In 2023, Finland ranked 13th globally in life insurance revenue, with the Netherlands surpassing it at the €6.1 billion mark. Denmark, Germany, and Italy secured the second, third, and fourth positions, respectively, in this ranking.
