Life Report

Product Insurance Market Reports Life Rev Uruguay

Key Highlights

Get access to Axco’s online product with the latest market intelligence for the market of your choice


  • Key insights and explanations of market developments in life insurance, healthcare and pensions
  • Details Sweden's insurance, social security, pensions and healthcare regulatory framework and company and personal tax considerations
  • Current legislation and upcoming changes
  • The latest developments in Sweden's economic and political environment
  • Demographic information
  • Market statistics and company performance

Report Overview

Independent strategic insight, line of business detail, regulatory information & market data for the non-life (P&C) insurance market of Sweden

The Sweden life and benefits market report provides a comprehensive, impartial analysis of the life insurance market of Sweden.  Information extends to extensive detail on healthcare (public and private), pensions and benefits, and social security. Specialist researchers visit Sweden and interview local professionals working across the local market. The report is updated with new information and data regularly throughout the cycle of country visits.

The report provides information about Sweden’s demographic profile and assesses its economic, political, climate, operational, and security risks. Key data on the investment environment in Sweden is available.

Axco’s report describes the regulatory framework that applies to the Swedish domestic life insurance sector, including whether non-admitted insurance is permitted in Sweden; as well as the legislation necessary to know regarding Sweden’s healthcare, pensions and social security.

Statistics include five years of life insurance market performance indicators, including gross written premiums, premium growth and penetration rates. Company statistics show who are the leading life insurance companies in Sweden with local life insurance company premiums, market share and year on year growth.

Life Insurance

Axco provides details on the life insurance sector including Swedish market participants, reinsurance and distribution channels. The reports describe classes of business from both individual and group life such as whole life, endowment, term life and unit-linked.
Information on non-life classes for example critical illness and private medical insurance.


The report describes the public and private healthcare system in Sweden, the scope of cover, accessibility financing and provides an analysis of how the public and private systems complement each other.


Axco reports on the three pillars of Swedish pension provision.

  • State pension benefits including benefit calculations and eligibility criteria 
  • Workplace pension provision; types of schemes calculations eligibility and; tax implications
  • Voluntary individual pension provision, type of products and tax implications

Social Security

The Sweden report provides an in-depth analysis of the regulatory framework governing social security as well as details on financing and eligibility. Information includes but is not limited to

  • state pensions,
  • permanent disability benefit
  • occupational accident and disease
  • maternity and paternity payments 

Sweden Life and Benefits Report Extract

Below are brief extracts of information from the Sweden Life & Benefits Report; more updated information may be available in the latest published report.

Life Insurance

Individual investment-related life insurance (kapital forsakring) forms a substantial part of the market, SEK 107.87bn (USD 12.85bn) in 2020.

In spring 2021 Sweden was starting to see the effect of the COVID-19 pandemic on insurance with the publication of market statistics for 2020: life and pension insurance was not negatively affected with open market premium income increasing by nearly 11% over the full year ....


As for the impact of COVID-19 mortality on life/pension insurers, data published by Sweden's biggest pension fund Alecta (whose client base accounts for a quarter of Sweden's population) showed a significant surge spike in deaths in April and May, with the oldest group the hardest hit. There was a 10% increase in deaths among men aged 18 to 64 in the period, but a 43% increase ....


In spring 2021 Sweden was starting to see the effect of the COVID-19 pandemic on insurance with the publication of market statistics for 2020. Despite the pandemic, healthcare insurance continues to be a growing class of business in Sweden: according to Insurance Sweden figures, annual premium income in 2020 was SEK 3.60bn (USD 428.69mn), with around 690,000 lives covered, equivalent to about 13.7% of the workforce.

The market has grown substantially over the last two decades ....

Back to Report Store

You may also be interested in these reports...


Ready to talk? We're here to help.

Whether you need more information or to discuss which products are best suited to your needs, our dedicated team are here to help.

Get in touch