The Swedish industry has one of the highest penetration rates in Europe, reflecting a mature market. Their market is dominated by a few large companies like Folksam and Trygg-Hansa, while other European countries typically have a more widespread market share.
The Swedish insurance market is a well-developed and integral part of the country’s financial system. With a strong emphasis on consumer protection and innovation, it offers a wide range of products and services tailored to meet the diverse needs of the population. Insurance in Sweden is characterized by a high penetration rate,…