Table
Life insurance companies. Profitt and loss account. NOK Million | 3rd quarter 2012 | 4th quarter 2012 | 1st quarter 2013 | 2nd quarter 2013 | 3rd quarter 2013 |
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Earned premiums, net of reinsurance | 71 561 | 92 008 | 34 697 | 57 712 | 77 115 |
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Gross premiums written | 62 384 | 82 102 | 24 549 | 46 713 | 64 834 |
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Reinsurers share of gross premiums written | -423 | -1 123 | -208 | -355 | -508 |
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Transfers of premium reserve from other companies | 9 601 | 11 029 | 10 356 | 11 354 | 12 790 |
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Claims incurred, net of reinsurance | 40 349 | 53 739 | 21 399 | 34 327 | 47 209 |
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Gross claims payment | 32 584 | 44 944 | 11 474 | 22 902 | 34 269 |
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Reinsurance share of gross claims payments | -34 | -754 | 1 | -53 | -180 |
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Other appropriations | 642 | 1 008 | 232 | 422 | 623 |
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Transfers of premiumreserve etc. to other companies | 7 157 | 8 541 | 9 692 | 11 056 | 12 497 |
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| | | | | |
Net change in technical provisions | 67 338 | 83 930 | 29 859 | 44 418 | 65 908 |
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Premium reserve | 50 777 | 71 468 | 22 501 | 37 845 | 53 797 |
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Other technical provisions | 299 | 374 | 390 | 354 | 253 |
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To/from revaluation reserve | 11 224 | 8 346 | 5 232 | 3 580 | 8 276 |
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Means allocated insurance contracts | 5 038 | 3 742 | 1 736 | 2 638 | 3 583 |
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| | | | | |
Other operating income/ costs | -4 463 | -5 901 | -1 380 | -2 773 | -4 056 |
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Commision received | 90 | 53 | 17 | 47 | 68 |
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Operating income, real property | 43 | 60 | 13 | 25 | 20 |
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Other operating income | 832 | 1 232 | 325 | 612 | 972 |
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Personell costs | 2 546 | 3 382 | 807 | 1 534 | 2 313 |
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Commision submitted | 511 | 728 | 176 | 370 | 574 |
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Operating costs, real property | 2 | 2 | 0 | 0 | 1 |
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Depreciations of non-financial assets | 213 | 335 | 73 | 163 | 245 |
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Other operating costs | 2 156 | 2 799 | 679 | 1 390 | 1 982 |
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| | | | | |
Investment income /costs | 23 689 | 33 992 | 8 247 | 16 465 | 23 614 |
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Interest income bonds and certificates | 16 268 | 24 058 | 5 604 | 10 593 | 15 492 |
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Interest income other assets | 4 464 | 5 846 | 1 390 | 2 659 | 3 729 |
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Share dividend etc. | 4 060 | 5 510 | 1 575 | 3 882 | 5 336 |
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Interest costs | 1 102 | 1 422 | 322 | 669 | 942 |
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Gains/losses, value (re-)adjustments on financial assets | 20 767 | 22 754 | 11 056 | 10 231 | 20 902 |
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Realized gains/losses | 3 746 | 9 006 | 2 079 | 1 823 | 2 962 |
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Shares, participations and primary capital certificates | 1 960 | 4 382 | 1 922 | 3 672 | 7 517 |
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Bonds and certificates | 318 | 813 | -147 | 807 | 212 |
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Financial derivatives | 1 503 | 3 801 | 203 | -2 741 | -4 664 |
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Land and buildings | 4 | 4 | 0 | 2 | 3 |
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Other realized gains/losses | -39 | 6 | 100 | 82 | -106 |
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Net change in value | 17 022 | 13 748 | 8 977 | 8 408 | 17 940 |
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Shares, participations and primary capital certificates | 11 705 | 8 496 | 9 562 | 10 991 | 17 067 |
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Bonds and certificates | 489 | -438 | 929 | -110 | 789 |
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Financial derivatives | 2 809 | 3 276 | -2 909 | -3 758 | -2 922 |
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Land and buildings | -11 | -10 | -5 | -14 | 36 |
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Other net change in value | 2 029 | 2 424 | 1 401 | 1 299 | 2 970 |
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Profitt/loss on ordinary activities | 3 867 | 5 183 | 1 362 | 2 890 | 4 459 |
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Other result components | 6 | 200 | -1 | -4 | -6 |
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Tax | 38 | 558 | 130 | 96 | 199 |
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Total Profitt/loss | 3 835 | 4 825 | 1 231 | 2 790 | 4 255 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 2 281 | 9 166 | 808 | 1 758 | 2 964 |
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Value-adjusted profitt/loss | 19 868 | 17 312 | 8 285 | 8 999 | 16 266 |
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