Life Insurance in Denmark, Key Trends and Opportunities to 2018
Table of Contents
1 Key Facts and Events
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Danish Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009-2018
5 Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Life Insurance Growth Prospects by Category
5.6 Individual Life Insurance
5.7 Group Life Insurance
5.7.1 Group whole life insurance
5.7.2 Group superannuation insurance
5.8 Life Insurance Growth Prospects by Customer Segment
5.8.1 Individual single-premium insurance
5.8.2 Individual non-single-premium insurance
5.8.3 Group single-premium insurance
5.8.4 Group non-single-premium insurance
5.9 Life Insurance Growth Prospects by Product Type
5.9.1 Total linked insurance business
5.9.2 Total non-linked insurance business
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-Commerce
6.5 Brokers
6.6 Other Channels
7 Governance, Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Legislation and Market Practice by Type of Insurance
7.2.1 Life insurance
7.2.2 Property insurance
7.2.3 Motor insurance
7.2.4 Liability insurance
7.2.5 Marine, aviation and transit insurance
7.2.6 Personal accident and health insurance
7.3 Compulsory Insurance
7.3.1 Motor third-party liability insurance
7.3.2 Air carriers and aircraft operators insurance
7.3.3 Workmen's compensation insurance
7.3.4 Third-party liability insurance for dogs
7.4 Supervision and Control
7.4.1 International Association of Insurance Supervisors
7.4.2 European Insurance and Occupational Pensions Authority
7.4.3 Danish Financial Supervisory Authority (DFSA)
7.5 Non-Admitted Insurance Regulations
7.5.1 Overview
7.5.2 Intermediaries
7.5.3 Market practices
7.5.4 Fines and penalties
7.6 Company Registration and Operations
7.6.1 Types of insurance organization
7.6.2 Establishing a local company
7.6.3 Foreign ownership
7.6.4 Types of license
7.6.5 Capital requirements
7.6.6 Solvency margins
7.6.7 Reserve requirements
7.6.8 Investment regulations
7.6.9 Statutory return requirements
7.6.10 Fee structure
7.7 Taxation
7.7.1 Insurance premium or policy taxation
7.7.2 Withholding taxes on premium paid overseas
7.7.3 Corporate tax
7.7.4 VAT
7.7.5 Captives
7.8 Legal System
7.8.1 Introduction
7.8.2 Access to court
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Danish Life Insurance Segment
8.3 Comparison of the Top Five Insurers
8.3.1 Gross written premium
8.3.2 Gross claims
8.3.3 Loss ratio
8.3.4 Total assets
8.4 Leading Life Insurers - Product Portfolio
8.5 Leading Life Insurers - Key Developments
8.6 PFA Pension Forsikrings AS - Company Overview
8.6.1 PFA Pension Forsikrings AS - key facts
8.6.2 PFA Pension Forsikrings AS - key financials
8.7 Danica Pension, Livs forsikrings AS - Company Overview
8.7.1 Danica Pension, Livs forsikrings AS - key facts
8.7.2 Danica Pension, Livs forsikrings AS - key financials
8.8 Nordea Liv & Pension, livsforsikringsselskab AS - Company Overview
8.8.1 Nordea Liv & Pension, livsforsikringsselskab AS - key facts
8.8.2 Nordea Liv & Pension, livsforsikringsselskab AS - key financials
8.9 PensionDanmark AS - Company Overview
8.9.1 PensionDanmark AS - key facts
8.9.2 PensionDanmark AS - key financials
8.1 Sampension KP Livsforsikring AS - Company Overview
8.10.1 Sampension KP Livsforsikring AS - key facts
8.10.2 Sampension KP Livsforsikring AS - key financials
8.11 AP Pension Livsforsikringsaktieselskab - Company Overview
8.11.1 AP Pension Livsforsikringsaktieselskab - key facts
8.11.2 AP Pension Livsforsikringsaktieselskab - key financials
8.12 IndustriensPensionsforsikring AS - Company Overview
8.12.1 IndustriensPensionsforsikring AS - key facts
8.12.2 IndustriensPensionsforsikring AS - key financials
8.13 Pen-Sam Forsikring AS - Company Overview
8.13.1 Pen-Sam Forsikring AS - key facts
8.13.2 Pen-Sam Forsikring AS - key financials
8.14 SEB Pensionsforsikring AS - Company Overview
8.14.1 SEB Pensionsforsikring AS - key facts
8.14.2 SEB Pensionsforsikring AS - key financials
8.15 Lærernes Pension - Company Overview
8.15.1 Lærernes Pension - key facts
8.15.2 Lærernes Pension - key financials
9 Appendix - 1
9.1 Business Confidence
9.1.1 Market capitalization trend - Copenhagen Stock Exchange, Denmark
9.2 Economic Performance
9.2.1 GDP at constant prices (US$)
9.2.2 GDP per capita at constant prices (US$)
9.2.3 GDP at current prices (US$)
9.2.4 GDP per capita at current prices (US$)
9.2.5 GDP by key sector
9.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
9.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
9.2.8 Manufacturing net output at current prices (US$)
9.2.9 Manufacturing net output at current prices as a percentage of GDP
9.2.10 Mining, manufacturing and utilities at current prices (US$)
9.2.11 Mining, manufacturing and utilities at current prices as a percentage of GDP
9.2.12 Construction net output at current prices (US$)
9.2.13 Construction net output at current prices as a percentage of GDP
9.2.14 Inflation rate
9.2.15 Exports as a percentage of GDP
9.2.16 Imports as a percentage of GDP
9.2.17 Merchandise exports growth
9.2.18 Merchandise imports growth
9.2.19 Annual average exchange rate DKK-US$
9.3 Infrastructure
9.3.1 Commercial vehicle exports - total value
9.3.2 Commercial vehicle imports - total value
9.3.3 Automotive exports - total value
9.3.4 Automotive imports - total value
9.3.5 Total internet subscribers
9.4 Labor Force
9.4.1 Labor force
9.4.2 Unemployment rate
9.5 Demographics
9.5.1 Gross national disposable income (US$)
9.5.2 Household consumption expenditure (US$)
9.5.3 Total population
9.5.4 Urban and rural populations
9.5.5 Age distribution of the total population
10 Appendix - 2
10.1 Methodology
10.2 Contact Timetric
10.3 About Timetric
10.4 Timetric's Services
10.5 Disclaimer
List of Tables
Table 1: Danish Life Insurance - Key Facts, 2013
Table 2: Insurance Industry Definitions
Table 3: Danish Insurance Industry - Gross Written Premium by Segment (DKK Billion), 2009-2013
Table 4: Danish Insurance Industry - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 5: Danish Insurance Industry - Gross Written Premium by Segment (DKK Billion), 2013-2018
Table 6: Danish Insurance Industry - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 7: Danish Insurance Industry - Gross Written Premium by Segment (Percentage Share), 2009-2018
Table 8: Danish Insurance Industry - Direct Written Premium by Segment (DKK Billion), 2009-2013
Table 9: Danish Insurance Industry - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 10: Danish Insurance Industry - Direct Written Premium by Segment (DKK Billion), 2013-2018
Table 11: Danish Insurance Industry - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 12: Danish Insurance Industry - Direct Written Premium by Segment (Percentage Share), 2009-2018
Table 13: Danish Life Insurance - Gross Written Premium by Category (DKK Billion), 2009-2013
Table 14: Danish Life Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 15: Danish Life Insurance - Gross Written Premium by Category (DKK Billion), 2013-2018
Table 16: Danish Life Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 17: Danish Life Insurance - New Business Written Premium (DKK Billion), 2009-2013
Table 18: Danish Life Insurance - New Business Written Premium (DKK Billion), 2013-2018
Table 19: Danish Life Insurance - Earned Premium (DKK Billion), 2009-2013
Table 20: Danish Life Insurance - Earned Premium (DKK Billion), 2013-2018
Table 21: Danish Life Insurance - Sum Assured (DKK Billion), 2009-2013
Table 22: Danish Life Insurance - Sum Assured (DKK Billion), 2013-2018
Table 23: Danish Life Insurance - Paid Claims (DKK Billion), 2009-2013
Table 24: Danish Life Insurance - Paid Claims (DKK Billion), 2013-2018
Table 25: Danish Life Insurance - Incurred Loss (DKK Billion), 2009-2013
Table 26: Danish Life Insurance - Incurred Loss (DKK Billion), 2013-2018
Table 27: Danish Life Insurance - Loss Ratio (%), 2009-2013
Table 28: Danish Life Insurance - Loss Ratio (%), 2013-2018
Table 29: Danish Life Insurance - Commissions and Expenses (DKK Billion), 2009-2013
Table 30: Danish Life Insurance - Commissions and Expenses (DKK Billion), 2013-2018
Table 31: Danish Life Insurance - Combined Ratio (%), 2009-2013
Table 32: Danish Life Insurance - Combined Ratio (%), 2013-2018
Table 33: Danish Life Insurance - Fraud and Crimes (DKK Billion), 2009-2013
Table 34: Danish Life Insurance - Fraud and Crimes (DKK Billion), 2013-2018
Table 35: Danish Life Insurance - Total Assets (DKK Billion), 2009-2013
Table 36: Danish Life Insurance - Total Assets (DKK Billion), 2013-2018
Table 37: Danish Life Insurance - Total Investment Income (DKK Billion), 2009-2013
Table 38: Danish Life Insurance - Total Investment Income (DKK Billion), 2013-2018
Table 39: Danish Life Insurance - Retentions (DKK Billion), 2009-2013
Table 40: Danish Life Insurance - Retentions (DKK Billion), 2013-2018
Table 41: Danish Individual Life Insurance - Number of Active Policies (Thousand), 2009-2013
Table 42: Danish Individual Life Insurance - Number of Active Policies (Thousand), 2013-2018
Table 43: Danish Individual Life Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 44: Danish Individual Life Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 45: Danish Group Life Insurance - Gross Written Premium by Category (DKK Billion), 2009-2013
Table 46: Danish Group Life Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 47: Danish Group Life Insurance - Gross Written Premium by Category (DKK Billion), 2013-2018
Table 48: Danish Group Life Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 49: Danish Group Life Insurance - Direct Written Premium by Category (DKK Billion), 2009-2013
Table 50: Danish Group Life Insurance - Direct Written Premium by Category (US$ Billion), 2009-2013
Table 51: Danish Group Life Insurance - Direct Written Premium by Category (DKK Billion), 2013-2018
Table 52: Danish Group Life Insurance - Direct Written Premium by Category (US$ Billion), 2013-2018
Table 53: Danish Group Life Insurance - Policies by Category (Thousand), 2009-2013
Table 54: Danish Group Life Insurance - Policies by Category (Thousand), 2013-2018
Table 55: Danish Group Whole Life Insurance - Number of Active Policies (Thousand), 2009-2013
Table 56: Danish Group Whole Life Insurance - Number of Active Policies (Thousand), 2013-2018
Table 57: Danish Group Whole Life Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 58: Danish Group Whole Life Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 59: Danish Group Superannuation Insurance - Number of Active Policies (Thousand), 2009-2013
Table 60: Danish Group Superannuation Insurance - Number of Active Policies (Thousand), 2013-2018
Table 61: Danish Group Superannuation Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 62: Danish Group Superannuation Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 63: Danish Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 64: Danish Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 65: Danish Individual Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 66: Danish Individual Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 67: Danish Individual Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Table 68: Danish Individual Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Table 69: Danish Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 70: Danish Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 71: Danish Individual Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 72: Danish Individual Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 73: Danish Individual Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Table 74: Danish Individual Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Table 75: Danish Group Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 76: Danish Group Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 77: Danish Group Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 78: Danish Group Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 79: Danish Group Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Table 80: Danish Group Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Table 81: Danish Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 82: Danish Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 83: Danish Group Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Table 84: Danish Group Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Table 85: Danish Group Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Table 86: Danish Group Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Table 87: Danish Linked Insurance Business - Number of Active Policies (Thousand), 2009-2013
Table 88: Danish Linked Insurance Business - Number of Active Policies (Thousand), 2013-2018
Table 89: Danish Linked Insurance Business - Gross Written Premium (DKK Billion), 2009-2013
Table 90: Danish Linked Insurance Business - Gross Written Premium (DKK Billion), 2013-2018
Table 91: Danish Linked Insurance Business - Direct Written Premium (DKK Billion), 2009-2013
Table 92: Danish Linked Insurance Business - Direct Written Premium (DKK Billion), 2013-2018
Table 93: Danish Non-Linked Insurance Business - Number of Active Policies (Thousand), 2009-2013
Table 94: Danish Non-Linked Insurance Business - Number of Active Policies (Thousand), 2013-2018
Table 95: Danish Non-Linked Insurance Business - Gross Written Premium (DKK Billion), 2009-2013
Table 96: Danish Non-Linked Insurance Business - Gross Written Premium (DKK Billion), 2013-2018
Table 97: Danish Non-Linked Insurance Business - Direct Written Premium (DKK Billion), 2009-2013
Table 98: Danish Non-Linked Insurance Business - Direct Written Premium (DKK Billion), 2013-2018
Table 99: Danish Life Insurance - Direct Marketing Commission Paid (DKK Million), 2009-2013
Table 100: Danish Life Insurance - Direct Marketing Commission Paid (DKK Million), 2013-2018
Table 101: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Table 102: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Table 103: Danish Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2009-2013
Table 104: Danish Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2013-2018
Table 105: Danish Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 106: Danish Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 107: Danish Life Insurance - Bancassurance Commission Paid (DKK Million), 2009-2013
Table 108: Danish Life Insurance - Bancassurance Commission Paid (DKK Million), 2013-2018
Table 109: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Table 110: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Table 111: Danish Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2009-2013
Table 112: Danish Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2013-2018
Table 113: Danish Life Insurance - Number of Bancassurance Distributors, 2009-2013
Table 114: Danish Life Insurance - Number of Bancassurance Distributors, 2013-2018
Table 115: Danish Life Insurance - Commission Paid to Agencies (DKK Million), 2009-2013
Table 116: Danish Life Insurance - Commission Paid to Agencies (DKK Million), 2013-2018
Table 117: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Table 118: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Table 119: Danish Life Insurance - New Policies Sold Through Agencies (Thousand), 2009-2013
Table 120: Danish Life Insurance - New Policies Sold Through Agencies (Thousand), 2013-2018
Table 121: Danish Life Insurance - Number of Agencies, 2009-2013
Table 122: Danish Life Insurance - Number of Agencies, 2013-2018
Table 123: Danish Life Insurance - E-Commerce Commission Paid (DKK Million), 2009-2013
Table 124: Danish Life Insurance - E-Commerce Commission Paid (DKK Million), 2013-2018
Table 125: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Table 126: Danish Life Insurance - Gross Written Premium New Business (DKK Billion), 2013-2018
Table 127: Danish Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 128: Danish Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 129: Danish Life Insurance - Number of E-Commerce Distributors, 2009-2013
Table 130: Danish Life Insurance - Number of E-Commerce Distributors, 2013-2018
Table 131: Danish Life Insurance - Commission Paid to Brokers (DKK Million), 2009-2013
Table 132: Danish Life Insurance - Commission Paid to Brokers (DKK Million), 2013-2018
Table 133: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Table 134: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Table 135: Danish Life Insurance - New Policies Sold Through Brokers (Thousand), 2009-2013
Table 136: Danish Life Insurance - New Policies Sold Through Brokers (Thousand), 2013-2018
Table 137: Danish Life Insurance - Number of Brokers, 2009-2013
Table 138: Danish Life Insurance - Number of Brokers, 2013-2018
Table 139: Danish Life Insurance - Commission Paid to Other Channels (DKK Million), 2009-2013
Table 140: Danish Life Insurance - Commission Paid to Other Channels (DKK Million), 2013-2018
Table 141: Danish Life Insurance - New Business Gross Written Premium (DKK Million), 2009-2013
Table 142: Danish Life Insurance - New Business Gross Written Premium (DKK Million), 2013-2018
Table 143: Danish Life Insurance - New Policies Sold Through Other Channels (Thousand), 2009-2013
Table 144: Danish Life Insurance - New Policies Sold Through Other Channels (Thousand), 2013-2018
Table 145: Danish Life Insurance - Number of Distributors in Other Channels, 2009-2013
Table 146: Danish Life Insurance - Number of Distributors in Other Channels, 2013-2018
Table 147: Denmark - Life Insurance Regulatory Framework
Table 148: Denmark - Property Insurance Regulatory Framework
Table 149: Denmark - Motor Insurance Regulatory Framework
Table 150: Denmark - Liability Insurance Regulatory Framework
Table 151: Denmark - Minimum Coverage for Aircraft Third-Party Liability per Accident and Aircraft
Table 152: Denmark - Corporate Tax Rates for Financial Year 2013
Table 153: Shares of Key Insurers in the Danish Life Insurance Segment (%), 2013
Table 154: PFA Pension Forsikrings AS, Key Facts
Table 155: PFA Pension Forsikrings AS, Key Financials (DKK Million), 2009-2013
Table 156: Danica Pension, Livs forsikrings AS, Key Facts
Table 157: Danica Pension, Livs forsikrings AS, Key Financials (DKK Million), 2009-2013
Table 158: Nordea Liv & Pension, livsforsikringsselskab AS, Key Facts
Table 159: Nordea Liv & Pension, livsforsikringsselskab AS, Key Financials (DKK Million), 2009-2013
Table 160: PensionDanmark AS, Key Facts
Table 161: PensionDanmark AS, Key Financials (DKK Million), 2009-2013
Table 162: Sampension KP Livsforsikring AS, Key Facts
Table 163: Sampension KP Livsforsikring AS, Key Financials (DKK Million), 2009-2013
Table 164: AP Pension Livsforsikringsaktieselskab, Key Facts
Table 165: AP Pension Livsforsikringsaktieselskab, Key Financials (DKK Million), 2009-2013
Table 166: IndustriensPensionsforsikring AS, Key Facts
Table 167: IndustriensPensionsforsikring AS, Key Financials (DKK Million), 2009-2013
Table 168: Pen-Sam Forsikring AS, Key Facts
Table 169: Pen-Sam Forsikring AS, Key Financials (DKK Million), 2009-2013
Table 170: SEB Pensionsforsikring AS, Key Facts
Table 171: SEB Pensionsforsikring AS, Key Financials (DKK Million), 2009-2013
Table 172: Lærernes Pension , Key Facts
Table 173: Lærernes Pension, Key Financials (DKK Million), 2009-2013
List of Figures
Figure 1: Danish Insurance Industry - Gross Written Premium by Segment (DKK Billion), 2009-2018
Figure 2: Danish Insurance Industry - Gross Written Premium Dynamics by Segment (2009-2018)
Figure 3: Danish Insurance Industry - Direct Written Premium by Segment (DKK Billion), 2009-2018
Figure 4: Danish Insurance Industry - Direct Written Premium Dynamics by Segment (2009-2018)
Figure 5: Danish Life Insurance - Number of Active Policies and Gross Written Premium (Percentage Share), 2009 and 2013
Figure 6: Unemployment Rate (%), 2008-2012
Figure 7: Rural and Urban Population (%), 2009 and 2013
Figure 8: Danish Population Distribution by Age Group (%), 2009-2013
Figure 9: Danish Life Insurance - Gross Written Premium by Category (DKK Billion), 2009-2018
Figure 10: Danish Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 11: Danish Life Insurance - Gross Written Premium Dynamics by Segment (2009-2018)
Figure 12: Danish Life Insurance - New Business Written Premium (DKK Billion), 2009-2013
Figure 13: Danish Life Insurance - New Business Written Premium (DKK Billion), 2013-2018
Figure 14: Danish Life Insurance - Earned Premium (DKK Billion), 2009-2013
Figure 15: Danish Life Insurance - Earned Premium (DKK Billion), 2013-2018
Figure 16: Danish Life Insurance - Sum Assured (DKK Billion), 2009-2013
Figure 17: Danish Life Insurance - Sum Assured (DKK Billion), 2013-2018
Figure 18: Danish Life Insurance - Paid Claims (DKK Billion), 2009-2013
Figure 19: Danish Life Insurance - Paid Claims (DKK Billion), 2013-2018
Figure 20: Danish Life Insurance - Incurred Loss (DKK Billion), 2009-2013
Figure 21: Danish Life Insurance - Incurred Loss (DKK Billion), 2013-2018
Figure 22: Danish Life Insurance - Loss Ratio (%), 2009-2013
Figure 23: Danish Life Insurance - Loss Ratio (%), 2013-2018
Figure 24: Danish Life Insurance - Commissions and Expenses (DKK Billion), 2009-2013
Figure 25: Danish Life Insurance - Commissions and Expenses (DKK Billion), 2013-2018
Figure 26: Danish Life Insurance - Combined Ratio (%), 2009-2013
Figure 27: Danish Life Insurance - Combined Ratio (%), 2013-2018
Figure 28: Danish Life Insurance - Fraud and Crimes (DKK Billion), 2009-2013
Figure 29: Danish Life Insurance - Fraud and Crimes (DKK Billion), 2013-2018
Figure 30: Danish Life Insurance - Total Assets (DKK Billion), 2009-2013
Figure 31: Danish Life Insurance - Total Assets (DKK Billion), 2013-2018
Figure 32: Danish Life Insurance - Total Investment Income (DKK Billion), 2009-2013
Figure 33: Danish Life Insurance - Total Investment Income (DKK Billion), 2013-2018
Figure 34: Danish Life Insurance - Retentions (DKK Billion), 2009-2013
Figure 35: Danish Life Insurance - Retentions (DKK Billion), 2013-2018
Figure 36: Danish Life Insurance - Investment Portfolio (DKK Billion), 2009-2013
Figure 37: Danish Life Insurance - Investment Portfolio, 2009 and 2013
Figure 38: Danish Life Insurance - Penetration (%), 2009-2013
Figure 39: Danish Life Insurance - Density (Number of Policies per Capita), 2009-2013
Figure 40: Danish Life Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 41: Danish Life Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 42: Danish Life Insurance - Number of New Policies Sold (Thousand), 2009-2013
Figure 43: Danish Life Insurance - Number of New Policies Sold (Thousand), 2013-2018
Figure 44: Danish Life Insurance - Premium Per Capita (DKK), 2009-2013
Figure 45: Danish Individual Life Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 46: Danish Individual Life Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 47: Danish Individual Life Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 48: Danish Individual Life Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 49: Danish Group Life Insurance - Gross Written Premium by Category (DKK Billion), 2009-2018
Figure 50: Danish Group Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 51: Danish Group Life Insurance - Gross Written Premium Dynamics by Category, 2009-2018
Figure 52: Danish Group Life Insurance - Direct Written Premium by Category (DKK Billion), 2009-2018
Figure 53: Danish Group Life Insurance - Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 54: Danish Group Life Insurance - Direct Written Premium Dynamics by Category, 2009-2018
Figure 55: Danish Group Life Insurance - Policies by Category (Thousand), 2009-2018
Figure 56: Danish Group Life Insurance - Policies by Category (Percentage Share), 2013 and 2018
Figure 57: Danish Group Life Insurance - Policies Dynamics by Category, 2009-2018
Figure 58: Danish Group Whole Life Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 59: Danish Group Whole Life Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 60: Danish Group Whole Life Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 61: Danish Group Whole Life Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 62: Danish Group Superannuation Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 63: Danish Group Superannuation Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 64: Danish Group Superannuation Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 65: Danish Group Superannuation Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 66: Danish Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 67: Danish Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 68: Danish Individual Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 69: Danish Individual Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 70: Danish Individual Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Figure 71: Danish Individual Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Figure 72: Danish Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 73: Danish Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 74: Danish Individual Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 75: Danish Individual Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 76: Danish Individual Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Figure 77: Danish Individual Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Figure 78: Danish Group Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 79: Danish Group Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 80: Danish Group Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 81: Danish Group Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 82: Danish Group Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Figure 83: Danish Group Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Figure 84: Danish Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 85: Danish Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 86: Danish Group Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2009-2013
Figure 87: Danish Group Non-Single-Premium Insurance - Gross Written Premium (DKK Billion), 2013-2018
Figure 88: Danish Group Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2009-2013
Figure 89: Danish Group Non-Single-Premium Insurance - Direct Written Premium (DKK Billion), 2013-2018
Figure 90: Danish Linked Insurance Business - Number of Active Policies (Thousand), 2009-2013
Figure 91: Danish Linked Insurance Business - Number of Active Policies (Thousand), 2013-2018
Figure 92: Danish Linked Insurance Business - Gross Written Premium (DKK Billion), 2009-2013
Figure 93: Danish Linked Insurance Business - Gross Written Premium (DKK Billion), 2013-2018
Figure 94: Danish Linked Insurance Business - Direct Written Premium (DKK Billion), 2009-2013
Figure 95: Danish Linked Insurance Business - Direct Written Premium (DKK Billion), 2013-2018
Figure 96: Danish Non-Linked Insurance Business - Number of Active Policies (Thousand), 2009-2013
Figure 97: Danish Non-Linked Insurance Business - Number of Active Policies (Thousand), 2013-2018
Figure 98: Danish Non-Linked Insurance Business - Gross Written Premium (DKK Billion), 2009-2013
Figure 99: Danish Non-Linked Insurance Business - Gross Written Premium (DKK Billion), 2013-2018
Figure 100: Danish Non-Linked Insurance Business - Direct Written Premium (DKK Billion), 2009-2013
Figure 101: Danish Non-Linked Insurance Business - Direct Written Premium (DKK Billion), 2013-2018
Figure 102: Danish Life Insurance - New Business Gross Written Premium by Distribution Channel (Percentage Share), 2013 and 2018
Figure 103: Danish Life Insurance - Direct Marketing Commission Paid (DKK Million), 2009-2013
Figure 104: Danish Life Insurance - Direct Marketing Commission Paid (DKK Million), 2013-2018
Figure 105: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Figure 106: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Figure 107: Danish Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2009-2013
Figure 108: Danish Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2013-2018
Figure 109: Danish Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Figure 110: Danish Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Figure 111: Danish Life Insurance - Bancassurance Commission Paid (DKK Million), 2009-2013
Figure 112: Danish Life Insurance - Bancassurance Commission Paid (DKK Million), 2013-2018
Figure 113: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Figure 114: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Figure 115: Danish Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2009-2013
Figure 116: Danish Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2013-2018
Figure 117: Danish Life Insurance - Number of Bancassurance Distributors, 2009-2013
Figure 118: Danish Life Insurance - Number of Bancassurance Distributors, 2013-2018
Figure 119: Danish Life Insurance - Commission Paid to Agencies (DKK Million), 2009-2013
Figure 120: Danish Life Insurance - Commission Paid to Agencies (DKK Million), 2013-2018
Figure 121: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Figure 122: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2013-2018
Figure 123: Danish Life Insurance - New Policies Sold Through Agencies (Thousand), 2009-2013
Figure 124: Danish Life Insurance - New Policies Sold Through Agencies (Thousand), 2013-2018
Figure 125: Danish Life Insurance - Number of Agencies, 2009-2013
Figure 126: Danish Life Insurance - Number of Agencies, 2013-2018
Figure 127: Danish Life Insurance - E-Commerce Commission Paid (DKK Million), 2009-2013
Figure 128: Danish Life Insurance - E-Commerce Commission Paid (DKK Million), 2013-2018
Figure 129: Danish Life Insurance - New Business Gross Written Premium (DKK Billion), 2009-2013
Figure 129: Danish Life Insurance – New Business Gross Written Premium (DKK Billion), 2009–2013
Figure 130: Danish Life Insurance – Gross Written Premium New Business (DKK Billion), 2013–2018
Figure 131: Danish Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2009–2013
Figure 132: Danish Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2013–2018
Figure 133: Danish Life Insurance – Number of E-Commerce Distributors, 2009–2013
Figure 134: Danish Life Insurance – Number of E-Commerce Distributors, 2013–2018
Figure 135: Danish Life Insurance – Commission Paid to Brokers (DKK Million), 2009–2013
Figure 136: Danish Life Insurance – Commission Paid to Brokers (DKK Million), 2013–2018
Figure 137: Danish Life Insurance – New Business Gross Written Premium (DKK Billion), 2009–2013
Figure 138: Danish Life Insurance – New Business Gross Written Premium (DKK Billion), 2013–2018
Figure 139: Danish Life Insurance – New Policies Sold Through Brokers (Thousand), 2009–2013
Figure 140: Danish Life Insurance – New Policies Sold Through Brokers (Thousand), 2013–2018
Figure 141: Danish Life Insurance – Number of Brokers, 2009–2013
Figure 142: Danish Life Insurance – Number of Brokers, 2013–2018
Figure 143: Danish Life Insurance – Commission Paid to Other Channels (DKK Million), 2009–2013
Figure 144: Danish Life Insurance – Commission Paid to Other Channels (DKK Million), 2013–2018
Figure 145: Danish Life Insurance – New Business Gross Written Premium (DKK Million), 2009–2013
Figure 146: Danish Life Insurance – New Business Gross Written Premium (DKK Million), 2013–2018
Figure 147: Danish Life Insurance – New Policies Sold Through Other Channels (Thousand), 2009–2013
Figure 148: Danish Life Insurance – New Policies Sold Through Other Channels (Thousand), 2013–2018
Figure 149: Danish Life Insurance – Number of Distributors in Other Channels, 2009–2013
Figure 150: Danish Life Insurance – Number of Distributors in Other Channels, 2013–2018
Figure 151: Denmark – Insurance Regulatory Framework
Figure 152: Denmark – The Three Pillars of Solvency II
Figure 153: Denmark – Insurance Supervision and Control at Various Levels
Figure 154: Denmark – Insurance Regulatory Frameworks for Company Registration and Operation
Figure 155: Number of Insurance Companies in Danish Life Insurance Segment, 2009–2013
Figure 156: Shares of Key Insurers in the Danish Life Insurance Segment (%), 2013
Figure 157: Gross Written Premium – Top Five Danish Life Insurers, 2013
Figure 158: Gross Claims – Top Five Danish Life Insurers, 2013
Figure 159: Loss Ratio– Top Five Danish Life Insurers, 2013
Figure 160: Total Assets – Top Five Danish Life Insurers, 2013
Figure 161: Copenhagen Stock Exchange Market Capitalization (US$ Billion), 2008–2012
Figure 162: Danish GDP at Constant Prices (US$ Billion), 2008–2012
Figure 163: Danish GDP Per Capita at Constant Prices (US$), 2008–2012
Figure 164: Danish GDP at Current Prices (US$ Billion), 2008–2012
Figure 165: Danish GDP Per Capita at Current Prices (US$), 2008–2012
Figure 166: Danish GDP by Key Sector (%), 2008 and 2012
Figure 167: Danish Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 168: Danish Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 169: Danish Manufacturing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 170: Danish Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 171: Danish Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2008–2012
Figure 172: Danish Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 173: Danish Construction Net Output at Current Prices (US$ Billion), 2008–2012
Figure 174: Danish Construction Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 175: Danish Inflation Rate (%), 2008–2012
Figure 176: Danish Exports as a Percentage of GDP (%), 2008–2012
Figure 177: Danish Imports as a Percentage of GDP (%), 2008–2012
Figure 178: Danish Merchandise Exports Growth (%), 2008–2011
Figure 179: Danish Merchandise Imports Growth (%), 2008–2011
Figure 180: Danish Annual Average Exchange Rate US$–DKK, 2008–2012
Figure 181: Danish Commercial Vehicle Exports – Total Value (US$ Billion), 2008–2012
Figure 182: Danish Commercial Vehicle Imports – Total Value (US$ Billion), 2008–2012
Figure 183: Danish Automotive Exports – Total Value (US$ Billion), 2008–2012
Figure 184: Danish Automotive Imports – Total Value (US$ Billion), 2008–2012
Figure 185: Danish Internet Subscriptions (Millions), 2007–2011
Figure 186: Danish Size of Labor Force (Million), 2008–2012
Figure 187: Danish Unemployment Rate (%), 2008–2012
Figure 188: Danish Gross National Disposable Income (US$ Billion), 2008–2012
Figure 189: Danish Household Consumption Expenditure (US$ Billion), 2008–2012
Figure 190: Danish Total Population (Million), 2008–2012
Figure 191: Danish Urban and Rural Populations (%), 2008–2012
Figure 192: Danish Population Distribution by Age (%), 2008–2012