Table
Life insurance companies. Profitt and loss account. NOK Million | 1st quarter 2012 | 2nd quarter 2012 | 3rd quarter 2012 | 4th quarter 2012 | 1st quarter 2013 |
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Earned premiums, net of reinsurance | 28 398 | 48 901 | 71 561 | 91 575 | 34 697 |
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Gross premiums written | 23 572 | 42 235 | 62 384 | 81 742 | 24 549 |
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Reinsurers share of gross premiums written | -107 | -343 | -423 | -1 136 | -208 |
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Transfers of premium reserve from other companies | 4 932 | 7 010 | 9 601 | 10 970 | 10 356 |
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Claims incurred, net of reinsurance | 15 344 | 27 716 | 40 349 | 53 829 | 21 399 |
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Gross claims payment | 11 032 | 21 473 | 32 584 | 44 606 | 11 474 |
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Reinsurance share of gross claims payments | 24 | -58 | -34 | -623 | 1 |
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Other appropriations | 193 | 357 | 642 | 1 002 | 232 |
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Transfers of premiumreserve etc. to other companies | 4 095 | 5 944 | 7 157 | 8 843 | 9 692 |
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| | | | | |
Net change in technical provisions | 32 842 | 40 567 | 67 338 | 83 365 | 29 859 |
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Premium reserve | 22 086 | 32 520 | 50 777 | 69 884 | 22 501 |
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Other technical provisions | 304 | 247 | 299 | 563 | 390 |
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To/from revaluation reserve | 8 379 | 5 032 | 11 224 | 8 346 | 5 232 |
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Means allocated insurance contracts | 2 073 | 2 768 | 5 038 | 4 571 | 1 736 |
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| | | | | |
Other operating income/ costs | -1 438 | -2 833 | -4 463 | -5 932 | -1 380 |
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Commision received | 38 | 69 | 90 | 109 | 17 |
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Operating income, real property | 16 | 31 | 43 | 60 | 13 |
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Other operating income | 282 | 551 | 832 | 1 153 | 325 |
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Personell costs | 756 | 1 546 | 2 546 | 3 389 | 807 |
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Commision submitted | 155 | 319 | 511 | 689 | 176 |
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Operating costs, real property | 1 | 1 | 2 | 2 | 0 |
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Depreciations of non-financial assets | 70 | 141 | 213 | 333 | 73 |
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Other operating costs | 793 | 1 476 | 2 156 | 2 840 | 679 |
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Investment income /costs | 7 901 | 15 695 | 23 689 | 33 995 | 8 247 |
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Interest income bonds and certificates | 5 533 | 10 508 | 16 268 | 24 063 | 5 604 |
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Interest income other assets | 895 | 3 025 | 4 464 | 5 851 | 1 390 |
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Share dividend etc. | 1 235 | 2 900 | 4 060 | 5 504 | 1 575 |
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Interest costs | -237 | 738 | 1 102 | 1 422 | 322 |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | 14 559 | 8 998 | 20 767 | 22 722 | 11 056 |
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Realized gains/losses | 1 662 | 1 318 | 3 746 | 9 005 | 2 079 |
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Shares, participations and primary capital certificates | 43 | 1 649 | 1 960 | 4 369 | 1 922 |
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Bonds and certificates | -551 | -92 | 318 | 825 | -147 |
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Financial derivatives | 2 098 | -244 | 1 503 | 3 801 | 203 |
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Land and buildings | 3 | 4 | 4 | 4 | 0 |
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Other realized gains/losses | 69 | 2 | -39 | 6 | 100 |
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Net change in value | 12 897 | 7 680 | 17 022 | 13 717 | 8 977 |
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Shares, participations and primary capital certificates | 9 797 | 5 514 | 11 705 | 8 497 | 9 562 |
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Bonds and certificates | -480 | 138 | 489 | -504 | 929 |
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Financial derivatives | 1 815 | 1 630 | 2 809 | 3 276 | -2 909 |
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Land and buildings | -9 | -3 | -11 | -10 | -5 |
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Other net change in value | 1 774 | 402 | 2 029 | 2 459 | 1 401 |
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Profitt/loss on ordinary activities | 1 234 | 2 478 | 3 867 | 5 167 | 1 362 |
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Other result components | .. | 6 | 6 | 196 | -1 |
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Tax | -82 | 55 | 38 | 446 | 130 |
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Total Profitt/loss | 1 316 | 2 430 | 3 835 | 4 918 | 1 231 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 628 | 1 471 | 2 281 | 3 006 | 808 |
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Value-adjusted profitt/loss | 11 539 | 10 009 | 19 868 | 18 136 | 8 285 |
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