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The insurance industry is an important part of the national economy.

The Swedish insurance and occupational pension companies annually pay out significant amounts in pensions, life insurance savings, and compensation for claims. These payments create economic security for households and businesses. In 2022, a total of nearly 340 billion SEK was paid out in insurance compensation. At the same time, Swedish households and businesses collectively paid over 461 billion SEK in premiums for pensions, life and non-life insurances.