The premiums paid for competitive pension and life insurance policies in 2023 amounted to just under 333 billion SEK.
A competitive insurance means that employers or employees can choose between multiple insurers. There are also non-competitive insurance policies where this option is not available. In addition to certain occupational pension insurance policies, Alecta's healthcare insurance and premium exemption insurance, as well as all premiums to Afa Försäkring, are non-competitive.
The four largest company groups/companies in the field of pension and life insurance were Folksam, Alecta, Avanza, and Skandia. These company groups/companies accounted for 43 per cent of the market in terms of total premiums paid.
