NEWS

Insurance services in Sweden – a summary

Nov. 30, 2018

Vinge’s insurance team has written a brief summary of some of the main features of the Swedish regulations affecting foreign insurers with existing or contemplated business activities in Sweden.

There are more insurance companies per inhabitant in Sweden than in any other European country. Swedish insurance companies generated premium income of approximately SEK 325 billion in 2017; in 2017 they employed almost 21,000 people and invested SEK 4,500 billion in the global economy. The Swedish insurance industry consists of about 350 insurance companies. Most of the 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 ten years. There are approximately 35 foreign insurance companies represented via branches or agencies.
 
Download the full summary - Insurance services in Sweden (pdf) 

The summary covers, among other things: 
•    Financial services and investment relations
•    Business requirements for Swedish insurance companies and cross-border services/branch offices/general agencies  
•    Applicable laws
•    Taxation
•    Future regulatory changes – such as implementation of IORP II 

Vinge´s Corporate Insurance Practice Group 
Vinge’s insurance practice group was founded in 1990, which made Vinge the first law firm in Sweden with an insurance business law specialisation. Vinge’s insurance practice is insurer-led and is particularly strong in the field of insurance-related transactions and regulatory work. 

Contact
Fabian Ekeblad 
Partner 
fabian.ekeblad@vinge.se

Viveka Classon 
Counsel 
viveka.classon@vinge.se 

Per Johan Eckerberg 
Partner 
perjohan.eckerberg@vinge.se 

Related news

Viveka Classon new partner in Stockholm

Viveka Classon has been elected as a new partner at Vinge’s Stockholm office.

Nov. 14, 2019 About the firm

Maria-Pia Hope wins the Swedish Bar Association’s award for outstanding work within the legal profession

For the eighth year in a row, the Swedish Bar Association has issued the award for outstanding achievements within the legal profession. In 2019, the award goes to Maria-Pia Hope, Managing Partner at Advokatfirman Vinge.

Oct. 25, 2019 About the firm

James Hope receives three international awards

Vinge’s Head of the Dispute Resolution Practice Group in Stockholm, James Hope, has been appointed as a new member of the London Court of International Arbitration as well as arbitrator in the international panel of the International Center for Dispute Resolution (ICDR). He has also been ranked as a “Thought Leader” by the ranking guide WWL. 

Sept. 27, 2019