Boston, MA -- (SBWIRE) -- 02/26/2014 -- The Swedish non-life insurance segment is mature; it recorded a CAGR of 1.9% during the review period . The economy's robustness will be reflected over the forecast period (2012-2017), with the country's non-life insurance segment is expected to increase at a CAGR of 3.8%. The five-leading non-life insurers accounted for 83% of the premium income in 2012, meaning that the Swedish non-life segment is highly concentrated. Agencies accounted for 39.1% of the new business gross written premium in 2012. Agencies are preferred by the small and medium enterprises (SMEs) in Sweden. There will be increasing consolidation among non-life insurers as there are more than 300 insurers operating in the segment. This consolidation will also be driven by the implementation of Solvency, as and when it happens, due to its emphasis on robust governance and risk management practices.

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Key Highlights

- The non-life segment is the second largest in the country's insurance industry, accounting for 21% of the gross written premium in 2012
- The non-life segment is highly concentrated with the five-leading companies accounting for 83% of the premium income in 2012
- An increase in construction activity will drive demand for property insurance over the forecast period
- The non-life segment is highly consolidated and dominated by domestic insurers
- Agencies accounted for 39.1% of the total commission paid to the distribution channels in 2012

Scope

This report provides a comprehensive analysis of the non-life insurance segment in Sweden:

- It provides historical values for Sweden's non-life insurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period.
- It offers a detailed analysis of the key categories in Sweden's non-life insurance segment, along with market forecasts until 2017.
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
- It analyses the various distribution channels for non-life insurance products in Sweden.
- Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Sweden for the non-life insurance segment.
- It provides a detailed analysis of the reinsurance segment in Sweden and its growth prospects.
- It profiles the top non-life insurance companies in Sweden and outlines the key regulations affecting them.

Reasons to Get This Report

- Make strategic business decisions using in depth historic and forecast market data related to the Swedish non-life insurance segment and each category within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Swedish non-life insurance segment

Companies Mentioned in this Report: Lansforsakringar, If Skadeforsakring, Folksam, Trygg-Hansa, Moderna, Dina-gruppen, Zurich Insurance, Landstingen, Gjensidige, Solid Forsakringar

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