The historical data from 2013 to 2023 shows a decrease in household life insurance and annuities assets in Sweden, with a value of 6.34 in 2023, down from 9.24 in 2013. Year-on-year variation illustrates a consistent decline over the past few years, with the most recent two years showing declines of 4.55% and 3.92%, respectively. The 5-year CAGR, calculated up to 2028, is -3.63%, indicating a steady reduction in assets annually.

Future projections indicate that this downward trend is set to continue, with a forecasted 5-year growth rate of -16.86%, suggesting a substantial overall decrease in household life insurance and annuities assets.

Key future trends to monitor include:

The impact of changing demographics, particularly aging populations, on life insurance uptake.
Economic factors influencing disposable income and savings rates.
Regulatory changes and market innovations that may affect the attractiveness of life insurance and annuities products.