1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends

Non-Life Insurance in Norway, Key Trends and Opportunities to 2019

  • December 2015
  • 119 pages
  • Timetric
Report ID: 2027740

Summary

Table of Contents

Search Inside

Synopsis
Timetric’s 'Non-Life Insurance in Norway, Key Trends and Opportunities to 2019' report provides a detailed outlook by product category for the Norwegian non-life insurance segment, and a comparison of the Norwegian insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Norwegian economy and demographics, explains the various types of natural hazard and their impact on the Norwegian insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric’s ' Non-Life Insurance in Norway, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Norwegian non-life insurance segment, including:

- The Norwegian non-life insurance segment’s detailed outlook by product category

- A comprehensive overview of the Norwegian economy and demographics

- A comparison of the Norwegian insurance industry with its regional counterparts

- The various distribution channels in the Norwegian non-life insurance segment

- Detailed analysis of natural hazards and their impact on the Norwegian insurance industry

- Details of the competitive landscape in the life insurance segment in Norway

- Details of regulatory policy applicable to the Norwegian insurance industry

Scope
This report provides a comprehensive analysis of the non-life insurance segment in Norway:

- It provides historical values for the Norwegian non-life insurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.

- It offers a detailed analysis of the key categories in the Norwegian non-life insurance segment, and market forecasts to 2019.

- It analyzes the various distribution channels for non-life insurance products in Norway.

- It profiles the top non-life insurance companies in Norway, and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Norwegian non-life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian non-life insurance segment.

- Assess the competitive dynamics in the non-life insurance segment.

- Identify growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Norwegian insurance industry, and their impact on companies and the industry's future.

Key Highlights
- Non-life insurance accounted for 39.6% of the Norwegian insurance industry's gross written premium in 2014.

- The growth of property insurance was supported by government investments in public transport infrastructure, low unemployment, and a rise consumer and investor confidence.

- The non-life segment’s loss ratio decreased from 71.5% in 2010 to 67.6% in 2014, while the combined ratio fell from 100.5% to 88.3%.

- The higher capital requirement is expected to force medium-sized and smaller companies to either exit the industry or merge with large insurers.

- Insurers are prioritizing sales platforms such as online and call centers to increase operational efficiency.

- Domestic insurers contributed 63.0% of the non-life gross written premium in 2014 followed by foreign insurers with 37.0%.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Property Insurance in Emerging Asia

  • $ 3800
  • Industry report
  • May 2017
  • by Timetric

Synopsis Timetric’s 'Insight Report: Property Insurance in Emerging Asia' analyzes the rapidly growing economies in Emerging Asia, and identifies opportunities in the midst of economic growth and low ...

UK Personal Injury Litigation 2017

  • $ 3495
  • Industry report
  • July 2017
  • by GlobalData

UK Personal Injury Litigation 2017 Summary Personal injury sector continues its turbulent course of market-changing reform, with legislative, legal, and regulatory forces at work. While the market was ...

Non-Life Insurance in the Netherlands, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • April 2017
  • by Timetric

Synopsis Timetric’s 'Non-Life Insurance in the Netherlands, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Dutch non-life insurance segment, and ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.