In 2023, the largest non-life insurance company in Norway was Gjensidige. This Norwegian company had notably more than a quarter of the Norwegian non-life insurance market. Over the past decade, their earned premiums increased each year, reaching over 36 billion Norwegian kroner in 2023. The two following leading companies were the Swedish If, and the Danish Tryg.
Gjensidige’s earned premiums
In 2023, the largest share of Gjensidige’s earned premiums was generated from their commercial insurance, reaching almost 12.7 billion Norwegian kroner. Meanwhile, their largest private insurance segment was motor vehicle insurance, which represented more than 40 percent of their total premiums earned from private non-life insurance that year.
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Finans Norge. (December 9, 2024). Largest non-life insurance companies in Norway from 2000 to 2023, by market share [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. "Largest non-life insurance companies in Norway from 2000 to 2023, by market share ." Chart. December 9, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. (2024). Largest non-life insurance companies in Norway from 2000 to 2023, by market share . Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. "Largest Non-life Insurance Companies in Norway from 2000 to 2023, by Market Share ." Statista, Statista Inc., 9 Dec 2024, https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge, Largest non-life insurance companies in Norway from 2000 to 2023, by market share Statista, https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/ (last visited December 23, 2024)
Largest non-life insurance companies in Norway from 2000 to 2023, by market share [Graph], Finans Norge, December 9, 2024. [Online]. Available: https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/