Insurance business written by class of insurance — Net written in Norway

Norway: Insurance business written by class of insurance — Net written was 1,435 Euro in 2024. ◆ Volatile

Latest (2024)
1,435 Euro
Change on year
up 16.9%
World rank
16th
of 40 countries
All-time high
1,435 Euro
in 2024
All-time low
66.54 Euro
in 1987
Years of data
34
1987–2024

Insurance business written by class of insurance — Net written in Norway, 1987–2024

05001.0k1.5k1987200520241987: 66.5 Euro1988: 83.6 Euro1989: 92.3 Euro1990: 108.3 Euro1991: 145.6 Euro1993: 188.3 Euro1996: 207.2 Euro1997: 244.7 Euro1998: 196 Euro1999: 208.2 Euro2000: 257.8 Euro2001: 318.3 Euro2002: 410.4 Euro2003: 477.7 Euro2004: 485.5 Euro2005: 623.3 Euro2006: 628.6 Euro2007: 536.2 Euro2008: 612.8 Euro2009: 335.6 Euro2010: 376.9 Euro2011: 386.9 Euro2012: 752.3 Euro2014: 631.4 Euro2015: 582 Euro2016: 1.1k Euro2017: 1.0k Euro2018: 1.1k Euro2019: 1.1k Euro2020: 1.0k Euro2021: 1.3k Euro2022: 1.3k Euro2023: 1.2k Euro2024: 1.4k Euro

Source: Organisation for Economic Co-operation and Development. Measured in Euro.

Analysis

The most recent figure for insurance business written by class of insurance — net written in Norway is 1,435 Euro, measured in 2024. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 16.9% on the previous year and up 127.3% over ten years.

Over the whole period, insurance business written by class of insurance — net written in Norway peaked at 1,435 Euro in 2024 and was at its lowest, 66.54 Euro, in 1987.

That places Norway 16th out of 40 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Insurance business written by class of insurance — Net written in Norway, year by year

Annual values for Insurance business written by class of insurance — Net written premiums in Norway, 1987 to 2024.
Year Euro Change
1987 66.54 Euro
1988 83.6 Euro +25.6%
1989 92.33 Euro +10.4%
1990 108.29 Euro +17.3%
1991 145.61 Euro +34.5%
1993 188.27 Euro +29.3%
1996 207.21 Euro +10.1%
1997 244.68 Euro +18.1%
1998 196.03 Euro -19.9%
1999 208.23 Euro +6.2%
2000 257.81 Euro +23.8%
2001 318.26 Euro +23.4%
2002 410.37 Euro +28.9%
2003 477.72 Euro +16.4%
2004 485.51 Euro +1.6%
2005 623.27 Euro +28.4%
2006 628.57 Euro +0.9%
2007 536.17 Euro -14.7%
2008 612.77 Euro +14.3%
2009 335.61 Euro -45.2%
2010 376.89 Euro +12.3%
2011 386.93 Euro +2.7%
2012 752.32 Euro +94.4%
2014 631.36 Euro -16.1%
2015 581.99 Euro -7.8%
2016 1,069 Euro +83.7%
2017 1,044 Euro -2.3%
2018 1,085 Euro +3.9%
2019 1,127 Euro +3.8%
2020 1,029 Euro -8.7%
2021 1,268 Euro +23.3%
2022 1,270 Euro +0.1%
2023 1,228 Euro -3.3%
2024 1,435 Euro +16.9%

Averages by decade

DecadeAverage LowestHighest Years
1980s 80.82 Euro 66.54 Euro 92.33 Euro 3
1990s 185.47 Euro 108.29 Euro 244.68 Euro 7
2000s 468.61 Euro 257.81 Euro 628.57 Euro 10
2010s 783.86 Euro 376.89 Euro 1,127 Euro 9
2020s 1,246 Euro 1,029 Euro 1,435 Euro 5

Countries ranked near Norway

  1. 13 Portugal 2,451 Euro compare
  2. 14 Israel 2,384 Euro compare
  3. 15 Denmark 1,986 Euro compare
  4. 17 Finland 1,182 Euro compare
  5. 18 Czechia 914.65 Euro compare
  6. 19 Costa Rica 788.24 Euro compare

See the full ranking of 49 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is insurance business written by class of insurance — net written in Norway?
Insurance business written by class of insurance — net written in Norway was 1,435 Euro in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest insurance business written by class of insurance — net written recorded in Norway?
The highest recorded value was 1,435 Euro in 2024.
What is the lowest insurance business written by class of insurance — net written recorded in Norway?
The lowest recorded value was 66.54 Euro in 1987.
How does Norway rank for insurance business written by class of insurance — net written?
Norway ranks 16th out of 40 countries with data for 2024.
Is insurance business written by class of insurance — net written rising or falling in Norway?
Over the last ten years it is up 127.3%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Net written premiums. Statizoid updates them automatically from the source API.

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Insurance business written by class of insurance — Net written in Norway. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/insurance-business-written-by-class-of-insurance-net-written-premiums/norway/

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About this data

Indicator
Insurance business written by class of insurance — Net written premiums
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 952 data points, 1987–2024
Last refreshed

This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.