Insurance in Denmark
October 2018
42
About the Report
About the Report
Insurance in Denmark
Summary
Insurance in Denmark industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Denmark insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
- The Danish insurance market had total gross written premiums of USD 33.2bn in 2017, representing a compound annual growth rate (CAGR) of 4.1% between 2013 and 2017.
- The life segment was the market's most lucrative in 2017, with total gross written premiums of USD 24.3bn, equivalent to 73% of the market's overall value.
- According to Swiss Re, Denmark's insurance penetration rate is 10.21%, significantly above the European average rate of 6.1%. This suggests Denmark is a mature market with significant demand and advanced products.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Denmark
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Denmark
- Leading company profiles reveal details of key insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Denmark insurance market with five year forecasts
Reasons to buy
- What was the size of the Denmark insurance market by value in 2017?
- What will be the size of the Denmark insurance market in 2022?
- What factors are affecting the strength of competition in the Denmark insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Denmark's insurance market?
Products
Products
Financial Services, Insurance, MarketLine, Denmark
Companies
Danica Pension AS
PFA Pension, forsikringsaktieselskab
RSA Insurance Group plc
Tryg A/S
Table of Contents
Table of Contents
Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market share 12
Market Outlook 13
Market value forecast 13
Five Forces Analysis 14
Summary 14
Buyer power 15
Supplier power 17
New entrants 19
Threat of substitutes 21
Degree of rivalry 22
Leading Companies 24
Danica Pension AS 24
PFA Pension, forsikringsaktieselskab 28
RSA Insurance Group plc 29
Tryg A/S 33
Macroeconomic Indicators 37
Country data 37
Methodology 39
Industry associations 40
Related MarketLine research 40
Appendix 41
About MarketLine 41
List of Figure
List of Tables
Table 1: Denmark insurance market value: USD billion, 2013-17
Table 2: Denmark insurance market category segmentation: USD billion, 2017
Table 3: Denmark insurance market geography segmentation: USD billion, 2017
Table 4: Denmark insurance market share: % share, by value, 2017
Table 5: Denmark insurance market value forecast: USD billion, 2017-22
Table 6: Danica Pension AS: key facts
Table 7: Danica Pension AS: key financials (USD )
Table 8: Danica Pension AS: key financials (DKK)
Table 9: Danica Pension AS: key financial ratios
Table 10: PFA Pension, forsikringsaktieselskab: key facts
Table 11: RSA Insurance Group plc: key facts
Table 12: RSA Insurance Group plc: key financials (USD )
Table 13: RSA Insurance Group plc: key financials (GBP)
Table 14: RSA Insurance Group plc: key financial ratios
Table 15: Tryg A/S: key facts
Table 16: Tryg A/S: key financials (USD )
Table 17: Tryg A/S: key financials (DKK)
Table 18: Tryg A/S: key financial ratios
Table 19: Denmark size of population (million), 2013-17
Table 20: Denmark gdp (constant 2005 prices, USD billion), 2013-17
Table 21: Denmark gdp (current prices, USD billion), 2013-17
Table 22: Denmark inflation, 2013-17
Table 23: Denmark consumer price index (absolute), 2013-17
Table 24: Denmark exchange rate, 2013-17
List of Table
List of Figures
Figure 1: Denmark insurance market value: USD billion, 2013-17
Figure 2: Denmark insurance market category segmentation: % share, by value, 2017
Figure 3: Denmark insurance market geography segmentation: % share, by value, 2017
Figure 4: Denmark insurance market share: % share, by value, 2017
Figure 5: Denmark insurance market value forecast: USD billion, 2017-22
Figure 6: Forces driving competition in the insurance market in Denmark, 2017
Figure 7: Drivers of buyer power in the insurance market in Denmark, 2017
Figure 8: Drivers of supplier power in the insurance market in Denmark, 2017
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Denmark, 2017
Figure 10: Factors influencing the threat of substitutes in the insurance market in Denmark, 2017
Figure 11: Drivers of degree of rivalry in the insurance market in Denmark, 2017
Figure 12: Danica Pension AS: revenues & profitability
Figure 13: Danica Pension AS: assets & liabilities
Figure 14: RSA Insurance Group plc: revenues & profitability
Figure 15: RSA Insurance Group plc: assets & liabilities
Figure 16: Tryg A/S: revenues & profitability
Figure 17: Tryg A/S: assets & liabilities
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