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Insurance in Norway Industry Data and Analysis
The Insurance industry in Norway has a market size of €22.7bn in 2026 with annual revenue growth of 0.1 %. Businesses in the industry underwrite insurance policies relating to property, casualty, liability and other general risks and life products. The premiums they earn from this are then invested to generate additional income.
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What's included in this industry analysis
IBISWorld's research coverage on the Insurance industry in Norway includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
About this industry
What's this industry report about?
The Insurance industry in Norway operates under the industry code NO-K651. Businesses in the industry underwrite insurance policies relating to property, casualty, liability and other general risks and life products. The premiums they earn from this are then invested to generate additional income. Related terms covered in the Insurance industry in Norway include premiums income, underwriting and investment income.
What's included in this industry?
Products and services covered in Insurance industry in Norway include Life insurance, Motor Vehicle insurance and Health insurance.
What companies are included in this industry?
Companies covered in the Insurance industry in Norway include Allianz SE, Assicurazioni Generali and Axa SA.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Insurance industry in Norway.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Insurance industry in Norway. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Insurance industry in Norway. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Insurance industry in Norway. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Country Benchmarks
What's included in the Country Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Insurance industry in Norway.
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Frequently Asked Questions
What is the market size of the Insurance industry in Norway in 2026?
The market size of the Insurance industry in Norway is €22.7bn in 2026.
How many businesses are there in the Insurance industry in Norway in 2024?
There are 71 businesses in the Insurance industry in Norway, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Insurance industry in Norway grown or declined over the past 5 years?
The market size of the Insurance industry in Norway has been declining at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Insurance industry in Norway over the next 5 years?
Over the next five years, the Insurance industry in Norway is expected to grow.
What are the biggest companies in the Insurance industry in Norway?
The biggest companies operating in the Insurance industry in Norway are Allianz SE, Assicurazioni Generali and Axa SA
What does the Insurance industry in Norway include?
Motor vehicle insurance and Property and casualty insurance are part of the Insurance industry in Norway.
Which companies have the highest market share in the Insurance industry in Norway?
The company holding the most market share in the Insurance industry in Norway is Allianz SE.
How competitive is the Insurance industry in Norway?
The level of competition is very low and decreasing in the Insurance industry in Norway.
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