Insurance business written by class of insurance — Premiums ceded in Norway
Norway: Insurance business written by class of insurance — Premiums ceded was 119.39 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Premiums ceded in Norway, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — premiums ceded in Norway stood at 119.39 Euro. That is the highest value across all 34 years on record.
That represents a change of up 58.3% on the previous year and up 210.2% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Norway peaked at 119.39 Euro in 2024 and was at its lowest, -23.09 Euro, in 2010.
Norway ranks 17th of 40 countries on this measure, 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 — Premiums ceded in Norway, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 15.19 Euro | — |
| 1988 | 13.37 Euro | -12.0% |
| 1989 | 11.84 Euro | -11.5% |
| 1990 | 14.73 Euro | +24.4% |
| 1991 | 17.72 Euro | +20.3% |
| 1993 | 37.68 Euro | +112.7% |
| 1996 | 16.96 Euro | -55.0% |
| 1997 | 21.95 Euro | +29.4% |
| 1998 | 46.54 Euro | +112.0% |
| 1999 | 70.57 Euro | +51.6% |
| 2000 | 69.45 Euro | -1.6% |
| 2001 | 86.42 Euro | +24.4% |
| 2002 | 112.73 Euro | +30.4% |
| 2003 | 84.28 Euro | -25.2% |
| 2004 | 77.16 Euro | -8.4% |
| 2005 | 55.62 Euro | -27.9% |
| 2006 | 68.76 Euro | +23.6% |
| 2007 | 80.07 Euro | +16.5% |
| 2008 | 49.78 Euro | -37.8% |
| 2009 | -11.68 Euro | -123.5% |
| 2010 | -23.09 Euro | +97.8% |
| 2011 | 27 Euro | -216.9% |
| 2012 | 65.29 Euro | +141.9% |
| 2014 | 38.49 Euro | -41.0% |
| 2015 | 38.59 Euro | +0.3% |
| 2016 | 62.94 Euro | +63.1% |
| 2017 | 56.83 Euro | -9.7% |
| 2018 | 67.99 Euro | +19.6% |
| 2019 | 91.75 Euro | +34.9% |
| 2020 | 82.35 Euro | -10.2% |
| 2021 | 4 Euro | -95.1% |
| 2022 | 94.07 Euro | +2254.8% |
| 2023 | 75.4 Euro | -19.8% |
| 2024 | 119.39 Euro | +58.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.46 Euro | 11.84 Euro | 15.19 Euro | 3 |
| 1990s | 32.31 Euro | 14.73 Euro | 70.57 Euro | 7 |
| 2000s | 67.26 Euro | -11.68 Euro | 112.73 Euro | 10 |
| 2010s | 47.31 Euro | -23.09 Euro | 91.75 Euro | 9 |
| 2020s | 75.04 Euro | 4 Euro | 119.39 Euro | 5 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 0.2872 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 4.72 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 446,191 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3461 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 32,736 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.95 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Norway?
- Insurance business written by class of insurance — premiums ceded in Norway was 119.39 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Norway?
- The highest recorded value was 119.39 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Norway?
- The lowest recorded value was -23.09 Euro in 2010.
- How does Norway rank for insurance business written by class of insurance — premiums ceded?
- Norway ranks 17th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Norway?
- Over the last ten years it is up 210.2%. 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 — Premiums ceded. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.