There are more insurance companies per inhabitant in Sweden than in any other
European country. In 2025, Swedish insurance companies generated premium income
of about SEK 575 billion, employed more than 22,000 people, paid a total of SEK 407
billion in compensation (life and non-life) and invested more than SEK 8,250 billion in
the global economy.
The Swedish insurance industry consists of more than 300 insurance companies. Most
of the Swedish insurance companies are small non-life insurance companies. The
market is concentrated into a few large groups.
The international presence on the Swedish insurance market has increased in the past
10 years. There are 150 foreign insurance companies marketing insurance services in
Sweden cross-border.
Set forth below is a summary of some of the main features of the Swedish regulations
affecting foreign insurers with existing or contemplated business activities in Sweden.
The summary is merely a general description of certain major aspects and
consequently it does not deal with all aspects that will need to be taken into account
when considering insurance business activities in Sweden. Professional advice should
be obtained on a case-by-case basis, and the contents of this publication should not be
relied on alone.
This Country Update on Insurance Services in Sweden is updated
to reflect legislation in force as of 1 September 2026.
