Table
Life insurance companies. Profitt and loss account. NOK Million | 1st quarter 2013 | 2nd quarter 2013 | 3rd quarter 2013 | 4th quarter 2013 | 1st quarter 2014 |
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Earned premiums, net of reinsurance | 34 697 | 57 712 | 77 115 | 95 109 | 47 860 |
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Gross premiums written | 24 549 | 46 713 | 64 834 | 81 491 | 24 709 |
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Reinsurers share of gross premiums written | -208 | -355 | -508 | -956 | -233 |
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Transfers of premium reserve from other companies | 10 356 | 11 354 | 12 790 | 14 574 | 23 383 |
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Claims incurred, net of reinsurance | 21 399 | 34 327 | 47 209 | 59 652 | 36 505 |
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Gross claims payment | 11 474 | 22 902 | 34 269 | 45 835 | 11 739 |
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Reinsurance share of gross claims payments | 1 | -53 | -180 | -490 | -42 |
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Other appropriations | 232 | 422 | 623 | 681 | 123 |
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Transfers of premiumreserve etc. to other companies | 9 692 | 11 056 | 12 497 | 13 625 | 24 685 |
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| | | | | |
Net change in technical provisions | 29 859 | 44 418 | 65 908 | 88 760 | 21 894 |
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Premium reserve | 22 501 | 37 845 | 53 797 | 72 859 | 17 740 |
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Other technical provisions | 390 | 354 | 253 | -271 | 378 |
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To/from revaluation reserve | 5 232 | 3 580 | 8 276 | 9 437 | 647 |
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Means allocated insurance contracts | 1 736 | 2 638 | 3 583 | 6 736 | 3 130 |
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| | | | | |
Other operating income/ costs | -1 380 | -2 773 | -4 056 | -5 507 | -1 389 |
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Commision received | 17 | 47 | 68 | 92 | 40 |
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Operating income, real property | 13 | 25 | 20 | 32 | 12 |
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Other operating income | 325 | 612 | 972 | 1 330 | 338 |
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Personell costs | 807 | 1 534 | 2 313 | 2 900 | 711 |
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Commision submitted | 176 | 370 | 574 | 811 | 231 |
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Operating costs, real property | 0 | 0 | 1 | 3 | 0 |
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Depreciations of non-financial assets | 73 | 163 | 245 | 297 | 74 |
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Other operating costs | 679 | 1 390 | 1 982 | 2 950 | 764 |
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Investment income /costs | 8 247 | 16 465 | 23 614 | 33 324 | 7 761 |
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Interest income bonds and certificates | 5 604 | 10 593 | 15 492 | 22 151 | 5 708 |
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Interest income other assets | 1 390 | 2 659 | 3 729 | 5 292 | 1 168 |
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Share dividend etc. | 1 575 | 3 882 | 5 336 | 7 144 | 1 164 |
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Interest costs | 322 | 669 | 942 | 1 262 | 279 |
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Gains/losses, value (re-)adjustments on financial assets | 11 056 | 10 231 | 20 902 | 32 498 | 5 799 |
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Realized gains/losses | 2 079 | 1 823 | 2 962 | 7 996 | 5 281 |
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Shares, participations and primary capital certificates | 1 922 | 3 672 | 7 517 | 14 640 | 4 076 |
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Bonds and certificates | -147 | 807 | 212 | 293 | 873 |
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Financial derivatives | 203 | -2 741 | -4 664 | -6 695 | 409 |
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Land and buildings | 0 | 2 | 3 | 7 | .. |
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Other realized gains/losses | 100 | 82 | -106 | -250 | -78 |
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Net change in value | 8 977 | 8 408 | 17 940 | 24 502 | 518 |
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Shares, participations and primary capital certificates | 9 562 | 10 991 | 17 067 | 20 961 | -682 |
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Bonds and certificates | 929 | -110 | 789 | 990 | -521 |
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Financial derivatives | -2 909 | -3 758 | -2 922 | -2 000 | 1 571 |
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Land and buildings | -5 | -14 | 36 | 30 | 3 |
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Other net change in value | 1 401 | 1 299 | 2 970 | 4 521 | 148 |
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Profitt/loss on ordinary activities | 1 362 | 2 890 | 4 459 | 7 012 | 1 632 |
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Other result components | -1 | -4 | -6 | -128 | -31 |
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Tax | 130 | 96 | 199 | 540 | 225 |
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Total Profitt/loss | 1 231 | 2 790 | 4 255 | 6 345 | 1 376 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 808 | 1 758 | 2 964 | 4 699 | 897 |
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Value-adjusted profitt/loss | 8 285 | 8 999 | 16 266 | 22 663 | 5 419 |
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