Premiums paid for competitive pension and life insurance in 2025 amounted to nearly SEK 427 billion. Competitive insurance means that employers or employees can choose between several insurers. There are also non-competitive insurance policies for which this option is not available. In addition to certain occupational pension insurance policies, Alecta’s sickness insurance and premium exemption insurance, as well as all premiums paid to Afa Försäkring, are classified as non-competitive.
The four largest company groups/companies in competitive pension and life insurance were Avanza, Folksam, Nordea Livförsäkring and Alecta. These company groups/companies accounted for 43 per cent of the Swedish life insurance market, measured by total premiums paid in 2025.
This page is based on our report Insurance in Sweden 2016–2025.
