Finland

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Federation of Finnish Insurance Companies
Web: www.vakes.fi

 

POPULATION, 2011-2014 (1)

Year Population
2011 5,259,250
2012 5,262,930
2013 5,266,114
2014 5,268,799

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $201.2
2010 181.4
2011 187.6
2012 195.6
2013 195.5

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $5,243
Life premiums 22,363
Total premiums $27,606
Percent of total world premiums 0.59%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company  EUR Mn  USD Mn
Pohjola  990.1 1,272.1
If P&C  924.7 1,188.1
Tapiola  680.3 874.1
Fennia  375.6 482.6
Mutual Insurance Associations  213.5 274.4
Lahivakuutus (Local Insurance Mutual Company)  148.2 190.4
AVakuutus Oy  100.0 128.5
Pohjantahti  87.9 113.0
Turva  84.0 107.9
Aktia  71.2 91.5

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company  EUR Mn  USD Mn
Nordea Life  1,184.7 1,522.2
Mandatum Life  947.0 1,216.8
OP Life  840.7 1,080.1
Tapiola Life  326.4 419.4
Aktia Life  111.3 143.0
Fennia Life  90.5 116.3
Duo  67.5 86.8
Kaleva  57.4 73.8
Suomi  56.4 72.4
Aurum  45.0 57.8

Source: Axco Insurance Information Services.

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