There were seven fewer life insurance companies operating in Norway in 2021 when compared with the previous year. The number of life insurers had remained steady between 2009 and 2018, before climbing in 2019 and 2020. In 2021, there were only 17 life insurers, down from 24 in the previous year. The market share of the largest six life insurers accounted for more than 80 percent of the Norwegian life insurance market in recent years.
Number of life insurance companies in Norway from 2005 to 2021
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Statistics Norway. (January 20, 2023). Number of life insurance companies in Norway from 2005 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/
Statistics Norway. "Number of life insurance companies in Norway from 2005 to 2021." Chart. January 20, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/
Statistics Norway. (2023). Number of life insurance companies in Norway from 2005 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/
Statistics Norway. "Number of Life Insurance Companies in Norway from 2005 to 2021." Statista, Statista Inc., 20 Jan 2023, https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/
Statistics Norway, Number of life insurance companies in Norway from 2005 to 2021 Statista, https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/ (last visited November 21, 2024)
Number of life insurance companies in Norway from 2005 to 2021 [Graph], Statistics Norway, January 20, 2023. [Online]. Available: https://www.statista.com/statistics/1122949/number-of-life-insurance-companies-in-norway/