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Competition heats up in Norwegian pensions as six biggest players lose market shares

Incomes totaled EUR 10bn (NOK 104bn) in 2020, but the six largest players have taken a smaller slice of the pie than before.

Photo: Janus Engel

Norwegian life insurance and pensions companies that are members of industry organization Finans Norge brought in total incomes of EUR 10bn (NOK 104bn), the organization reports.

Occupational pensions are still the largest segment, making up EUR 8bn (NOK 81bn) of the total, writes Randi Mørk, head of Finans Norge's Insurance department in the association's magazine, Nordisk Forsikringstidsskrift.

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