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Market share for non-life insurance and Market share for pension and life insurance

Publicerad: 2022-09-21 Nästa publiceringsdatum: 2023-09-21

In 2021 total premium income for non-life insurance companies was almost SEK 96 billion. The four non-life companies/company groups with the highest premium incomes were Länsförsäkringar, If Skadeförsäkring,
Folksam and Trygg-Hansa (see Figure 3). These companies/company groups together accounted for almost 79 per cent of the market in terms of premium income.

Some life insurance and occupational companies also offer non-life insurance, mainly in the form of accident insurance, sickness insurance and healthcare insurance. The life insurance companies’ non-life policies – which are not included in Figure 3 – comprised SEK 4.3 billion in paid-in premiums in 2021.

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Market share for pension and life insurance

The premiums paid in for pension and life insurance that are exposed to competition1 in 2020 amounted to nearly SEK 379 billion.Avanza,Futur Pension, Folksam, and SEB were the four largest pension and life insurance company groups/companies (see figure). In terms of total premiums paid, these groups/companies constituted 43 per cent of the market.

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