Table
Life insurance companies. Profitt and loss account. NOK Million | 2008 | 2009 | 2010 | 2011 | 2012 |
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Earned premiums, net of reinsurance | 79 552 | 74 964 | 80 009 | 85 932 | 92 008 |
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Gross premiums written | 68 168 | 64 922 | 66 489 | 71 690 | 82 102 |
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Reinsurers share of gross premiums written | -754 | -1 061 | -887 | -960 | -1 123 |
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Transfer of premium reserve from other companies | 12 138 | 11 103 | 14 407 | 15 202 | 11 029 |
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| | | | | |
Claims incurred, net of reinsurance | 64 557 | 45 635 | 51 707 | 54 592 | 53 739 |
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Gross claim payment | 54 458 | 35 799 | 40 906 | 40 796 | 44 944 |
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Reinsurers share of gross claim payments | -307 | -615 | -340 | -451 | -754 |
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Other provisions | 839 | 703 | 428 | 628 | 1 008 |
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Transfer of premiumreserve etc. to other companies | 9 567 | 9 748 | 10 713 | 13 620 | 8 541 |
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| | | | | |
Net change in technical provisions | -10 982 | 69 741 | 71 741 | 40 148 | 83 930 |
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Premium reserve | 14 997 | 46 825 | 49 315 | 44 079 | 71 468 |
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Other technical provisions | -11 198 | 11 982 | 3 980 | 3 153 | 374 |
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To/from revaluation reserve | -17 470 | 5 453 | 10 640 | -9 439 | 8 346 |
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Means allocated to insurance contracts | 2 689 | 5 480 | 7 805 | 2 355 | 3 742 |
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| | | | | |
Other operating income/ costs | -3 834 | -5 524 | -5 735 | -5 639 | -5 901 |
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Commisions received | 170 | -24 | 52 | 118 | 53 |
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Operating income, real property | 2 806 | 390 | 139 | 74 | 60 |
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Other operating income | 1 040 | 980 | 1 055 | 1 167 | 1 232 |
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Personnel cost | 3 016 | 3 090 | 2 772 | 2 966 | 3 382 |
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Commisions submitted | 844 | 762 | 797 | 795 | 728 |
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Operating costs, real property | 350 | 45 | 12 | 7 | 2 |
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Depreciations of non-financial assets | 625 | 291 | 327 | 308 | 335 |
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Other operating costs | 3 016 | 2 681 | 3 072 | 2 921 | 2 799 |
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| | | | | |
Investment income /costs | 26 456 | 25 330 | 31 312 | 33 790 | 33 992 |
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Interest income from bonds and certificates | 14 355 | 20 384 | 19 028 | 21 679 | 24 058 |
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Interest income other assets | 9 871 | 6 600 | 4 455 | 4 213 | 5 846 |
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Share dividend etc. | 3 707 | 2 046 | 9 112 | 6 942 | 5 510 |
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Interest costs | 1 477 | 3 700 | 1 283 | -956 | 1 422 |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | -50 632 | 24 742 | 22 712 | -15 736 | 22 754 |
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Realized gains/losses | -13 318 | 5 973 | 6 178 | -341 | 9 006 |
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Shares, participations and primary capital certificates | -14 217 | -5 228 | 5 573 | 391 | 4 382 |
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Bonds and certificates | 261 | -472 | 951 | -751 | 813 |
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Financial derivatives | -14 | 11 927 | 162 | -137 | 3 801 |
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Land and buildings | -22 | 121 | -166 | 27 | 4 |
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Other realizes gains/ losses | 674 | -375 | -343 | 129 | 6 |
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Net change in value | -37 315 | 18 769 | 16 534 | -15 395 | 13 748 |
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Shares, participations and primary capital certificates | -36 398 | 18 672 | 13 245 | -11 351 | 8 496 |
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Bonds and certificates | 11 026 | -5 092 | -829 | 441 | -438 |
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Financial derivatives | -3 721 | 1 071 | 1 880 | -3 181 | 3 276 |
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Land and buildings | -2 091 | 359 | 92 | -8 | -10 |
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Other net change in value | -6 130 | 3 760 | 2 147 | -1 296 | 2 424 |
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| | | | | |
Profitt/loss on ordinary activities | -2 033 | 4 136 | 4 851 | 3 606 | 5 183 |
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| | | | | |
Other result components | 243 | 76 | -207 | 23 | 200 |
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Tax | 539 | 10 | -791 | 882 | 558 |
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| | | | | |
Total Profitt/loss | -2 330 | 4 203 | 5 435 | 2 748 | 4 825 |
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| | | | | |
Specifications | | | | | |
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Balance on the technical account for life insurance | 5 430 | 2 098 | 3 156 | 2 390 | 3 003 |
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Value-adjusted profitt/loss | -26 699 | 21 225 | 26 594 | -877 | 17 312 |
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