Non-Life Insurance in Norway, 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 Norwegian Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009-2018
5 Non-Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Non-Life Insurance Growth Prospects by Category
5.6 Property Insurance
5.6.1 Fire and allied perils insurance
5.6.2 Engineering insurance
5.6.3 Agriculture insurance
5.6.4 Other property insurance
5.7 Motor Insurance
5.7.1 Motor hull insurance
5.7.2 Motor third-party insurance
5.8 Liability Insurance
5.8.1 Workmen's compensation, industrial accident and employer liability insurance
5.8.2 Other liability insurance
5.9 Marine and Transit Insurance
5.9.1 Marine insurance
5.9.2 Transit insurance
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 Workmen's compensation
7.3.2 Motor third-party liability insurance
7.3.3 Natural disaster insurance for property cover
7.4 Supervision and Control
7.4.1 International Association of Insurers Supervisors
7.4.2 European Insurance and Occupational Pensions Authority (EIOPA)
7.4.3 The Financial Supervisory Authority of Norway (FSA)
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
7.8.3 Alternative dispute resolution (ADR)
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Norwegian Non-Life Insurance Segment
8.3 Leading Non-Life Insurers - New Product Launches
8.4 Leading Non-life Insurers - Key Developments
8.5 Gjensidige Forsikring ASA - Company Overview
8.5.1 Gjensidige Forsikring ASA - key facts
8.5.2 Gjensidige Forsikring ASA - key financials
8.6 If Skadeforsikring NUF - Company Overview
8.6.1 If Skadeforsikring NUF - key facts
8.7 Tryg Forsikring - Company Overview
8.7.1 Tryg Forsikring - key facts
8.7.2 Tryg Forsikring - key financials
8.8 Sparebank 1 Forsikring - Company Overview
8.8.1 Sparebank 1 Forsikring - key facts
8.8.2 Sparebank 1 Forsikring - key financials
8.9 DNB Forsikring ASA - Company Overview
8.9.1 DNB Forsikring ASA - key facts
8.1 Eika Forsikring AS - Company Overview
8.10.1 Eika Forsikring AS - key facts
8.10.2 Eika Forsikring AS - key financials
8.11 Codan Forsikring - Company Overview
8.11.1 Codan Forsikring - key facts
8.12 Protector Forsikring ASA - Company Overview
8.12.1 Protector Forsikring ASA - key facts
8.12.2 Protector Forsikring ASA - key financials
8.13 Frende Skadeforsikring AS - Company Overview
8.13.1 Frende Skadeforsikring AS - key facts
8.13.2 Frende Skadeforsikring AS - key financials
9 Appendix - 1
9.1 Business Confidence
9.1.1 Market capitalization trend - Oslo Stock Exchange (OBX), Norway
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$)
9.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
9.2.12 Construction net output at current prices, (US$)
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 export growth
9.2.18 Merchandise import growth
9.2.19 Annual average exchange rate NOK-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
9.5.6 Life expectancy
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: Norwegian Non-Life Insurance - Key Facts, 2013
Table 2: Insurance Industry Definitions
Table 3: Norwegian Insurance Industry - Gross Written Premium by Segment (NOK Billion), 2009-2013
Table 4: Norwegian Insurance Industry - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 5: Norwegian Insurance Industry - Gross Written Premium by Segment (NOK Billion), 2013-2018
Table 6: Norwegian Insurance Industry - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 7: Norwegian Insurance Industry - Gross Written Premium by Segment (Percentage Share), 2009-2018
Table 8: Norwegian Insurance Industry - Direct Written Premium by Segment (NOK Billion), 2009-2013
Table 9: Norwegian Insurance Industry - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 10: Norwegian Insurance Industry - Direct Written Premium by Segment (NOK Billion), 2013-2018
Table 11: Norwegian Insurance Industry - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 12: Norwegian Insurance Industry - Direct Written Premium by Segment (Percentage Share), 2009-2018
Table 13: Norwegian Non-Life Insurance - Gross Written Premium by Category (NOK Billion), 2009-2013
Table 14: Norwegian Non-Life Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 15: Norwegian Non-Life Insurance - Gross Written Premium by Category (NOK Billion), 2013-2018
Table 16: Norwegian Non-Life Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 17: Norwegian Non-Life Insurance - Direct Written Premium by Category (NOK Billion), 2009-2013
Table 18: Norwegian Non-Life Insurance - Direct Written Premium by Category (US$ Billion), 2009-2013
Table 19: Norwegian Non-Life Insurance - Direct Written Premium by Category (NOK Billion), 2013-2018
Table 20: Norwegian Non-Life Insurance - Direct Written Premium by Category (US$ Billion), 2013-2018
Table 21: Norwegian Non-Life Insurance - Earned Premium (NOK Billion), 2009-2013
Table 22: Norwegian Non-Life Insurance - Earned Premium (NOK Billion), 2013-2018
Table 23: Norwegian Non-Life Insurance - Paid Claims by Category (NOK Billion), 2009-2013
Table 24: Norwegian Non-Life Insurance - Paid Claims by Category (US$ Billion), 2009-2013
Table 25: Norwegian Non-Life Insurance - Paid Claims by Category (NOK Billion), 2013-2018
Table 26: Norwegian Non-Life Insurance - Paid Claims by Category (US$ Billion), 2013-2018
Table 27: Norwegian Non-Life Insurance - Incurred Loss by Category (NOK Billion), 2009-2013
Table 28: Norwegian Non-Life Insurance - Incurred Loss by Category (US$ Billion), 2009-2013
Table 29: Norwegian Non-Life Insurance - Incurred Loss by Category (NOK Billion), 2013-2018
Table 30: Norwegian Non-Life Insurance - Incurred Loss by Category (US$ Billion), 2013-2018
Table 31: Norwegian Non-Life Insurance - Retentions by Category (NOK Billion), 2009-2013
Table 32: Norwegian Non-Life Insurance - Retentions by Category (US$ Billion), 2009-2013
Table 33: Norwegian Non-Life Insurance - Retentions by Category (NOK Billion), 2013-2018
Table 34: Norwegian Non-Life Insurance - Retentions by Category (US$ Billion), 2013-2018
Table 35: Norwegian Non-Life Insurance - Loss Ratio (%), 2009-2013
Table 36: Norwegian Non-Life Insurance - Loss Ratio (%), 2013-2018
Table 37: Norwegian Non-Life Insurance - Commissions and Expenses (NOK Billion), 2009-2013
Table 38: Norwegian Non-Life Insurance - Commissions and Expenses (NOK Billion), 2013-2018
Table 39: Norwegian Non-Life Insurance - Combined Ratio (%), 2009-2013
Table 40: Norwegian Non-Life Insurance - Combined Ratio (%), 2013-2018
Table 41: Norwegian Non-Life Insurance - Fraud and Crime (NOK Billion), 2009-2013
Table 42: Norwegian Non-Life Insurance - Fraud and Crime (NOK Billion), 2013-2018
Table 43: Norwegian Non-Life Insurance - Total Assets (NOK Billion), 2009-2013
Table 44: Norwegian Non-Life Insurance - Total Assets (NOK Billion), 2013-2018
Table 45: Norwegian Non-Life Insurance - Total Investment Income (NOK Billion), 2009-2013
Table 46: Norwegian Non-Life Insurance - Total Investment Income (NOK Billion), 2013-2018
Table 47: Norwegian Non-Life Insurance - Retentions (NOK Billion), 2009-2013
Table 48: Norwegian Non-Life Insurance - Retentions (NOK Billion), 2013-2018
Table 49: Norwegian Property Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 50: Norwegian Property Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 51: Norwegian Property Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 52: Norwegian Property Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 53: Norwegian Property Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 54: Norwegian Property Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 55: Norwegian Property Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 56: Norwegian Property Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 57: Norwegian Property Insurance - Loss Ratio (%), 2009-2013
Table 58: Norwegian Property Insurance - Loss Ratio (%), 2013-2018
Table 59: Norwegian Fire and Allied Perils Insurance - Number of Policies Sold (Million), 2009-2013
Table 60: Norwegian Fire and Allied Perils Insurance - Number of Policies Sold (Million), 2013-2018
Table 61: Norwegian Fire and Allied Perils Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 62: Norwegian Fire and Allied Perils Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 63: Norwegian Engineering Insurance - Number of Policies Sold (Million), 2009-2013
Table 64: Norwegian Engineering Insurance - Number of Policies Sold (Million), 2013-2018
Table 65: Norwegian Engineering Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 66: Norwegian Engineering Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 67: Norwegian Agriculture Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 68: Norwegian Agriculture Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 69: Norwegian Agriculture Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 70: Norwegian Agriculture Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 71: Norwegian Other Property Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 72: Norwegian Other Property Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 73: Norwegian Other Property Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 74: Norwegian Other Property Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 75: Norwegian Motor Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 76: Norwegian Motor Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 77: Norwegian Motor Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 78: Norwegian Motor Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 79: Norwegian Motor Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 80: Norwegian Motor Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 81: Norwegian Motor Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 82: Norwegian Motor Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 83: Norwegian Motor Insurance - Loss Ratio (%), 2009-2013
Table 84: Norwegian Motor Insurance - Loss Ratio (%), 2013-2018
Table 85: Norwegian Motor Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 86: Norwegian Motor Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 87: Norwegian Motor Hull Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 88: Norwegian Motor Hull Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 89: Norwegian Motor Third-Party Insurance - Number of Policies Sold (Million), 2009-2013
Table 90: Norwegian Motor Third-Party Insurance - Number of Policies Sold (Million), 2013-2018
Table 91: Norwegian Motor Third-Party Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 92: Norwegian Motor Third-Party Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 93: Norwegian Liability Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 94: Norwegian Liability Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 95: Norwegian Liability Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 96: Norwegian Liability Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 97: Norwegian Liability Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 98: Norwegian Liability Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 99: Norwegian Liability Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 100: Norwegian Liability Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 101: Norwegian Liability Insurance - Loss Ratio (%), 2009-2013
Table 102: Norwegian Liability Insurance - Loss Ratio (%), 2013-2018
Table 103: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Number of Policies Sold (Million), 2009-2013
Table 104: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 105: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Written Premium (NOK Billion), 2009-2013
Table 106: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Written Premium (NOK Billion), 2013-2018
Table 107: Norwegian Other Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 108: Norwegian Other Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 109: Norwegian Other Liability Insurance - Written Premium (NOK Billion), 2009-2013
Table 110: Norwegian Other Liability Insurance - Written Premium (NOK Billion), 2013-2018
Table 111: Norwegian Marine and Transit Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 112: Norwegian Marine and Transit Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 113: Norwegian Marine and Transit Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 114: Norwegian Marine and Transit Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 115: Norwegian Marine and Transit Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2013
Table 116: Norwegian Marine and Transit Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2009-2013
Table 117: Norwegian Marine and Transit Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2013-2018
Table 118: Norwegian Marine and Transit Insurance - Direct Written Premium by Sub-Category (US$ Billion), 2013-2018
Table 119: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 120: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 121: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 122: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 123: Norwegian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2013
Table 124: Norwegian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2018
Table 125: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 126: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 127: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 128: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 129: Norwegian Transit Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 130: Norwegian Transit Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 131: Norwegian Transit Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 132: Norwegian Transit Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 133: Norwegian Non-Life Insurance - Direct Marketing Commission Paid (NOK Billion), 2009-2013
Table 134: Norwegian Non-Life Insurance - Direct Marketing Commission Paid (NOK Billion), 2013-2018
Table 135: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 136: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 137: Norwegian Non-Life Insurance - Policies Sold Through Direct Marketing (Million), 2009-2013
Table 138: Norwegian Non-Life Insurance - Policies Sold Through Direct Marketing (Million), 2013-2018
Table 139: Norwegian Non-Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 140: Norwegian Non-Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 141: Norwegian Non-Life Insurance - Bancassurance Commission Paid (NOK Billion), 2009-2013
Table 142: Norwegian Non-Life Insurance - Bancassurance Commission Paid (NOK Billion), 2013-2018
Table 143: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 144: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 145: Norwegian Non-Life Insurance - Policies Sold Through Bancassurance (Million), 2009-2013
Table 146: Norwegian Non-Life Insurance - Policies Sold Through Bancassurance (Million), 2013-2018
Table 147: Norwegian Non-Life Insurance - Number of Bancassurance Distributors, 2009-2013
Table 148: Norwegian Non-Life Insurance - Number of Bancassurance Distributors, 2013-2018
Table 149: Norwegian Non-Life Insurance - Commission Paid to Agencies (NOK Billion), 2009-2013
Table 150: Norwegian Non-Life Insurance - Commission Paid to Agencies (NOK Billion), 2013-2018
Table 151: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 152: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 153: Norwegian Non-Life Insurance - Policies Sold Through Agencies (Million), 2009-2013
Table 154: Norwegian Non-Life Insurance - Policies Sold Through Agencies (Million), 2013-2018
Table 155: Norwegian Non-Life Insurance - Number of Agencies, 2009-2013
Table 156: Norwegian Non-Life Insurance - Number of Agencies, 2013-2018
Table 157: Norwegian Non-Life Insurance - E-Commerce Commission Paid (NOK Billion), 2009-2013
Table 158: Norwegian Non-Life Insurance - E-Commerce Commission Paid (NOK Billion), 2013-2018
Table 159: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 160: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 161: Norwegian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 162: Norwegian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 163: Norwegian Non-Life Insurance - Number of E-Commerce Distributors, 2009-2013
Table 164: Norwegian Non-Life Insurance - Number of E-Commerce Distributors, 2013-2018
Table 165: Norwegian Non-Life Insurance - Commission Paid to Brokers (NOK Billion), 2009-2013
Table 166: Norwegian Non-Life Insurance - Commission Paid to Brokers (NOK Billion), 2013-2018
Table 167: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 168: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 169: Norwegian Non-Life Insurance - Policies Sold Through Brokers (Million), 2009-2013
Table 170: Norwegian Non-Life Insurance - Policies Sold Through Brokers (Million), 2013-2018
Table 171: Norwegian Non-Life Insurance - Number of Brokers, 2009-2013
Table 172: Norwegian Non-Life Insurance - Number of Brokers, 2013-2018
Table 173: Norwegian Non-Life Insurance - Commission Paid to Other Channels (NOK Million), 2009-2013
Table 174: Norwegian Non-Life Insurance - Commission Paid to Other Channels (NOK Billion), 2013-2018
Table 175: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2009-2013
Table 176: Norwegian Non-Life Insurance - Gross Written Premium (NOK Billion), 2013-2018
Table 177: Norwegian Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2009-2013
Table 178: Norwegian Non-Life Insurance - Policies Sold Through Other Channels (Million), 2013-2018
Table 179: Norwegian Non-Life Insurance - Number of Distributors in Other Channels, 2009-2013
Table 180: Norwegian Non-Life Insurance - Number of Distributors in Other Channels, 2013-2018
Table 181: Norway - Life Insurance Regulatory Framework
Table 182: Norway - Property Insurance Regulatory Framework
Table 183: Norway - Motor Insurance Regulatory Framework
Table 184: Norway - Liability Insurance Regulatory Framework
Table 185: Norway - Corporate Tax Rates for the Financial Year 2013
Table 186: Shares of Key Insurers in the Norwegian Non-Life Insurance Segment (%), 2013
Table 187: Gjensidige Forsikring ASA, Key Facts
Table 188: Gjensidige Forsikring ASA, Key Financials (NOK Million), 2009-2013
Table 189: If Skadeforsikring NUF, Key Facts
Table 190: Tryg Forsikring, Key Facts
Table 191: Tryg Forsikring, Key Financials (NOK Million), 2009-2013
Table 192: Sparebank 1 Forsikring, Key Facts
Table 193: Sparebank 1 Forsikring, Key Financials (NOK Million), 2009-2013
Table 194: DNB Forsikring ASA, Key Facts
Table 195: Eika Forsikring AS, Key Facts
Table 196: Eika Forsikring AS, Key Financials (NOK Million), 2009-2013
Table 197: Codan Forsikring, Key Facts
Table 198: Protector Forsikring ASA, Key Facts
Table 199: Protector Forsikring ASA, Key Financials (NOK Million), 2009-2013
Table 200: Frende Skadeforsikring AS, Key Facts
Table 201: Frende Skadeforsikring AS, Key Financials (NOK Million), 2009-2013
List of Figures
Figure 1: Norwegian Insurance Industry - Gross Written Premium by Segment (NOK Billion), 2009-2018
Figure 2: Norwegian Insurance Industry - Gross Written Premium Dynamics by Segment, (2009-2018)
Figure 3: Norwegian Insurance Industry - Direct Written Premium by Segment (NOK Billion), 2009-2018
Figure 4: Norwegian Insurance Industry - Direct Written Premium Dynamics by Segment (2009-2018)
Figure 5: : Norwegian Non-Life Insurance - Property Insurance Category (% Share),in terms of Number of Active Policies 2009 and 2013
Figure 6: : Norwegian Non-Life Insurance - Construction by Category (% Share), 2009-2013
Figure 7: Total Vehicle Sales by Category, 2009 and 2013
Figure 8: Norwegian Non-Life Insurance - Gross Written Premium by Category (NOK Billion), 2009-2018
Figure 9: Norwegian Non-Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 10: Norwegian Non-Life Insurance - Gross Written Premium Dynamics by Category (%), 2009-2018
Figure 11: Norwegian Non-Life Insurance - Direct Written Premium by Category (NOK Billion), 2009-2018
Figure 12: Norwegian Non-Life Insurance - Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 13: Norwegian Non-Life Insurance - Direct Written Premium Dynamics by Category (%), 2009-2018
Figure 14: Norwegian Non-Life Insurance - Earned Premium (NOK Billion), 2009-2013
Figure 15: Norwegian Non-Life Insurance - Earned Premium (NOK Billion), 2013-2018
Figure 16: Norwegian Non-Life Insurance - Paid Claims by Category (NOK Billion), 2009-2018
Figure 17: Norwegian Non-Life Insurance - Incurred Loss by Category (NOK Billion), 2009-2018
Figure 18: Norwegian Non-Life Insurance - Retentions by Category (NOK Billion), 2009-2018
Figure 19: Norwegian Non-Life Insurance - Loss Ratio (%), 2009-2013
Figure 20: Norwegian Non-Life Insurance - Loss Ratio (%), 2013-2018
Figure 21: Norwegian Non-Life Insurance - Commissions and Expenses (NOK Billion), 2009-2013
Figure 22: Norwegian Non-Life Insurance - Commissions and Expenses (NOK Billion), 2013-2018
Figure 23: Norwegian Non-Life Insurance - Combined Ratio (%), 2009-2013
Figure 24: Norwegian Non-Life Insurance - Combined Ratio (%), 2013-2018
Figure 25: Norwegian Non-Life Insurance - Fraud and Crime (NOK Billion), 2009-2013
Figure 26: Norwegian Non-Life Insurance - Fraud and Crime (NOK Billion), 2013-2018
Figure 27: Norwegian Non-Life Insurance - Total Assets (NOK Billion), 2009-2013
Figure 28: Norwegian Non-Life Insurance - Total Assets (NOK Billion), 2013-2018
Figure 29: Norwegian Non-Life Insurance - Total Investment Income (NOK Billion), 2009-2013
Figure 30: Norwegian Non-Life Insurance - Total Investment Income (NOK Billion), 2013-2018
Figure 31: Norwegian Non-Life Insurance - Retentions (NOK Billion), 2009-2013
Figure 32: Norwegian Non-Life Insurance - Retentions (NOK Billion), 2013-2018
Figure 33: Norwegian Non-Life Insurance - Investment Portfolio (NOK Billion), 2009-2013
Figure 34: Norwegian Non-Life Insurance - Investment Portfolio (Percentage Share), 2009 and 2013
Figure 35: Norwegian Non-Life Insurance - Penetration (Percentage of GDP), 2009-2013
Figure 36: Norwegian Non-Life Insurance - Number of Policies Sold (Million), 2009-2013
Figure 37: Norwegian Non-Life Insurance - Number of Policies Sold (Million), 2013-2018
Figure 38: Norwegian Non-Life Insurance - Premium Per Capita (NOK), 2009-2013
Figure 39: Norwegian Property Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 40: Norwegian Property Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 41: Norwegian Property Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 42: Norwegian Property Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 43: Norwegian Property Insurance - Loss Ratio (%), 2009-2013
Figure 44: Norwegian Property Insurance - Loss Ratio (%), 2013-2018
Figure 45: Norwegian Fire and Allied Perils Insurance - Number of Policies Sold (Million), 2009-2013
Figure 46: Norwegian Fire and Allied Perils Insurance - Number of Policies Sold (Million), 2013-2018
Figure 47: Norwegian Fire and Allied Perils Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 48: Norwegian Fire and Allied Perils Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 49: Norwegian Engineering Insurance - Number of Policies Sold (Million), 2009-2013
Figure 50: Norwegian Engineering Insurance - Number of Policies Sold (Million), 2013-2018
Figure 51: Norwegian Engineering Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 52: Norwegian Engineering Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 53: Norwegian Agriculture Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 54: Norwegian Agriculture Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 55: Norwegian Agriculture Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 56: Norwegian Agriculture Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 57: Norwegian Other Property Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 58: Norwegian Other Property Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 59: Norwegian Other Property Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 60: Norwegian Other Property Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 61: Norwegian Motor Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 62: Norwegian Motor Insurance - Gross Written Premium Dynamics by Sub-Category, 2009-2018
Figure 63: Norwegian Motor Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 64: Norwegian Motor Insurance - Direct Written Premium Dynamics by Sub-Category, 2009-2018
Figure 65: Norwegian Motor Insurance - Loss Ratio (%), 2009-2013
Figure 66: Norwegian Motor Insurance - Loss Ratio (%), 2013-2018
Figure 67: Norwegian Motor Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 68: Norwegian Motor Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 69: Norwegian Motor Hull Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 70: Norwegian Motor Hull Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 71: Norwegian Motor Third-Party Insurance - Number of Policies Sold (Million), 2009-2013
Figure 72: Norwegian Motor Third-Party Insurance - Number of Policies Sold (Million), 2013-2018
Figure 73: Norwegian Motor Third-Party Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 74: Norwegian Motor Third-Party Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 75: Norwegian Liability Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 76: Norwegian Liability Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 77: Norwegian Liability Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 78: Norwegian Liability Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 79: Norwegian Liability Insurance - Loss Ratio (%), 2009-2013
Figure 80: Norwegian Liability Insurance - Loss Ratio (%), 2013-2018
Figure 81: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Number of Policies Sold (Million), 2009-2013
Figure 82: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 83: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Written Premium (NOK Billion), 2009-2013
Figure 84: Norwegian Workmen's Compensation, Industrial Accident and Employer Liability Insurance - Written Premium (NOK Billion), 2013-2018
Figure 85: Norwegian Other Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 86: Norwegian Other Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 87: Norwegian Other Liability Insurance - Written Premium (NOK Billion), 2009-2013
Figure 88: Norwegian Other Liability Insurance - Written Premium (NOK Billion), 2013-2018
Figure 89: Norwegian Marine and Transit Insurance - Gross Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 90: Norwegian Marine and Transit Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 91: Norwegian Marine and Transit Insurance - Direct Written Premium by Sub-Category (NOK Billion), 2009-2018
Figure 92: Norwegian Marine and Transit Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 93: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 94: Norwegian Marine Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 95: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2009-2013
Figure 96: Norwegian Marine Insurance - Gross Written Premium (NOK Billion), 2013-2018
Figure 97: Norwegian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2013
Figure 98: Norwegian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2018
Figure 99: Norwegian Marine Insurance – Number of Policies Sold (Thousand), 2009–2013
Figure 100: Norwegian Marine Insurance – Number of Policies Sold (Thousand), 2013–2018
Figure 101: Norwegian Marine Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 102: Norwegian Marine Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 103: Norwegian Transit Insurance – Number of Policies Sold (Thousand), 2009–2013
Figure 104: Norwegian Transit Insurance – Number of Policies Sold (Thousand), 2013–2018
Figure 105: Norwegian Transit Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 106: Norwegian Transit Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 107: Norwegian Non-Life Insurance – Gross Written Premium by Distribution Channel (Percentage Share), 2013 and 2018
Figure 108: Norwegian Non-Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2009–2013
Figure 109: Norwegian Non-Life Insurance – Direct Marketing Commission Paid (NOK Billion), 2013–2018
Figure 110: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 111: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 112: Norwegian Non-Life Insurance – Policies Sold Through Direct Marketing (Million), 2009–2013
Figure 113: Norwegian Non-Life Insurance – Policies Sold Through Direct Marketing (Million), 2013–2018
Figure 114: Norwegian Non-Life Insurance – Number of Direct Marketing Distributors, 2009–2013
Figure 115: Norwegian Non-Life Insurance – Number of Direct Marketing Distributors, 2013–2018
Figure 116: Norwegian Non-Life Insurance – Bancassurance Commission Paid (NOK Billion), 2009–2013
Figure 117: Norwegian Non-Life Insurance – Bancassurance Commission Paid (NOK Billion), 2013–2018
Figure 118: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 119: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 120: Norwegian Non-Life Insurance – Policies Sold Through Bancassurance (Million), 2009–2013
Figure 121: Norwegian Non-Life Insurance – Policies Sold Through Bancassurance (Million), 2013–2018
Figure 122: Norwegian Non-Life Insurance – Number of Bancassurance Distributors, 2009–2013
Figure 123: Norwegian Non-Life Insurance – Number of Bancassurance Distributors, 2013–2018
Figure 124: Norwegian Non-Life Insurance – Commission Paid to Agencies (NOK Billion), 2009–2013
Figure 125: Norwegian Non-Life Insurance – Commission Paid to Agencies (NOK Billion), 2013–2018
Figure 126: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 127: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 128: Norwegian Non-Life Insurance – Policies Sold Through Agencies (Million), 2009–2013
Figure 129: Norwegian Non-Life Insurance – Policies Sold Through Agencies (Million), 2013–2018
Figure 130: Norwegian Non-Life Insurance – Number of Agencies, 2009–2013
Figure 131: Norwegian Non-Life Insurance – Number of Agencies, 2013–2018
Figure 132: Norwegian Non-Life Insurance – E-Commerce Commission Paid (NOK Billion), 2009–2013
Figure 133: Norwegian Non-Life Insurance – E-Commerce Commission Paid (NOK Billion), 2013–2018
Figure 134: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 135: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 136: Norwegian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2009–2013
Figure 137: Norwegian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2013–2018
Figure 138: Norwegian Non-Life Insurance – Number of E-Commerce Distributors, 2009–2013
Figure 139: Norwegian Non-Life Insurance – Number of E-Commerce Distributors, 2013–2018
Figure 140: Norwegian Non-Life Insurance – Commission Paid to Brokers (NOK Billion), 2009–2013
Figure 141: Norwegian Non-Life Insurance – Commission Paid to Brokers (NOK Billion), 2013–2018
Figure 142: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 143: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 144: Norwegian Non-Life Insurance – Policies Sold Through Brokers (Million), 2009–2013
Figure 145: Norwegian Non-Life Insurance – Policies Sold Through Brokers (Million), 2013–2018
Figure 146: Norwegian Non-Life Insurance – Number of Brokers, 2009–2013
Figure 147: Norwegian Non-Life Insurance – Number of Brokers, 2013–2018
Figure 148: Norwegian Non-Life Insurance – Commission Paid to Other Channels (NOK Million), 2009–2013
Figure 149: Norwegian Non-Life Insurance – Commission Paid to Other Channels (NOK Billion), 2013–2018
Figure 150: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2009–2013
Figure 151: Norwegian Non-Life Insurance – Gross Written Premium (NOK Billion), 2013–2018
Figure 152: Norwegian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2009–2013
Figure 153: Norwegian Non-Life Insurance – Policies Sold Through Other Channels (Million), 2013–2018
Figure 154: Norwegian Non-Life Insurance – Number of Distributors in Other Channels, 2009–2013
Figure 155: Norwegian Non-Life Insurance – Number of Distributors in Other Channels, 2013–2018
Figure 156: Norway – Insurance Regulatory Framework
Figure 157: Norway – The Three Pillars of Solvency II
Figure 158: Norway – Insurance Supervision and Control at Various Levels
Figure 159: Norway – Insurance Regulatory Frameworks for Company Registration and Operation
Figure 160: Shares of Key Insurers in the Norwegian Non-Life Insurance Segment (%), 2013
Figure 161: Norway, Oslo Stock Exchange (OBX) Market Capitalization (US$ Billion), 2008–2012
Figure 162: Norwegian GDP at Constant Prices (US$ Billion), 2009–2013
Figure 163: Norwegian GDP Per Capita at Constant Prices (US$), 2009–2013
Figure 164: Norwegian GDP at Current Prices (US$ Billion), 2009–2013
Figure 165: Norwegian GDP Per Capita at Current Prices (US$), 2009–2013
Figure 166: Norwegian GDP by Key Sector (%), 2008 and 2012
Figure 167: Norwegian Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 168: Norwegian Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 169: Norwegian Manufacturing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 170: Norwegian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 171: Norwegian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2008–2012
Figure 172: Norwegian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2008–2012
Figure 173: Norwegian Construction Net Output at Current Prices (US$ Billion), 2008 – 2012
Figure 174: Norwegian Construction Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 175: Norwegian Inflation Rate (%), 2009–2013
Figure 176: Norwegian Exports as a Percentage of GDP (%), 2008–2012
Figure 177: Norwegian Imports as a Percentage of GDP (%), 2008–2012
Figure 178: Norwegian Merchandise Export Growth (%), 2009–2012
Figure 179: Norwegian Merchandise Import Growth (%), 2009–2012
Figure 180: Norwegian Annual Average Exchange Rate US$–NOK 2009–2013
Figure 181: Norwegian Commercial Vehicle Exports – Total Value (US$ Million), 2009–2013
Figure 182: Norwegian Commercial Vehicle Imports – Total Value (US$ Million), 2009–2013
Figure 183: Norwegian Automotive Exports – Total Value (US$ Million), 2009–2013
Figure 184: Norwegian Automotive Imports – Total Value (US$ Billion), 2009–2013
Figure 185: Norwegian Internet Subscriptions (Millions), 2009–2013
Figure 186: Norwegian Size of Labor Force (Million), 2008–2012
Figure 187: Norwegian Unemployment Rate (%), 2009–2013
Figure 188: Norwegian Gross National Disposable Income (US$ Billion), 2008–2012
Figure 189: Norwegian Household Consumption Expenditure (US$ Billion), 2009–2013
Figure 190: Norwegian Total Population (Million), 2009–2013
Figure 191: Norwegian Urban and Rural Populations (%), 2009–2013
Figure 192: Norwegian Population Distribution by Age (%), 2009–2013
Figure 193: Norwegian Life Expectancy (Number of Years), 2009–2013