Table
Life insurance companies. Profitt and loss account. NOK Million | 3rd quarter 2013 | 4th quarter 2013 | 1st quarter 2014 | 2nd quarter 2014 | 3rd quarter 2014 |
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Earned premiums, net of reinsurance | 77 115 | 95 109 | 47 860 | 73 182 | 108 199 |
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Gross premiums written | 64 834 | 81 491 | 24 709 | 49 281 | 69 452 |
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Reinsurers share of gross premiums written | -508 | -956 | -233 | -419 | -600 |
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Transfers of premium reserve from other companies | 12 790 | 14 574 | 23 383 | 24 319 | 39 347 |
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Claims incurred, net of reinsurance | 47 209 | 59 652 | 36 505 | 48 901 | 74 614 |
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Gross claims payment | 34 269 | 45 835 | 11 739 | 23 566 | 35 102 |
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Reinsurance share of gross claims payments | -180 | -490 | -42 | -110 | -200 |
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Other appropriations | 623 | 681 | 123 | 265 | 469 |
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Transfers of premiumreserve etc. to other companies | 12 497 | 13 625 | 24 685 | 25 180 | 39 243 |
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| | | | | |
Net change in technical provisions | 65 908 | 88 760 | 21 894 | 55 197 | 73 197 |
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Premium reserve | 53 797 | 72 859 | 17 740 | 41 873 | 56 297 |
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Other technical provisions | 253 | -271 | 378 | 197 | -648 |
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To/from revaluation reserve | 8 276 | 9 437 | 647 | 6 611 | 9 025 |
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Means allocated insurance contracts | 3 583 | 6 736 | 3 130 | 6 516 | 8 523 |
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| | | | | |
Other operating income/ costs | -4 056 | -5 507 | -1 389 | -2 772 | -4 439 |
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Commision received | 68 | 92 | 40 | 74 | 80 |
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Operating income, real property | 20 | 32 | 12 | 25 | 37 |
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Other operating income | 972 | 1 330 | 338 | 692 | 1 058 |
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Personell costs | 2 313 | 2 900 | 711 | 1 484 | 2 210 |
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Commision submitted | 574 | 811 | 231 | 445 | 691 |
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Operating costs, real property | 1 | 3 | 0 | 2 | 3 |
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Depreciations of non-financial assets | 245 | 297 | 74 | 149 | 290 |
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Other operating costs | 1 982 | 2 950 | 764 | 1 483 | 2 421 |
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Investment income /costs | 23 614 | 33 324 | 7 761 | 17 776 | 25 034 |
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Interest income bonds and certificates | 15 492 | 22 151 | 5 708 | 12 466 | 17 037 |
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Interest income other assets | 3 729 | 5 292 | 1 168 | 2 539 | 3 983 |
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Share dividend etc. | 5 336 | 7 144 | 1 164 | 3 370 | 4 853 |
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Interest costs | 942 | 1 262 | 279 | 599 | 839 |
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Gains/losses, value (re-)adjustments on financial assets | 20 902 | 32 498 | 5 799 | 19 372 | 24 173 |
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Realized gains/losses | 2 962 | 7 996 | 5 281 | 8 584 | 9 472 |
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Shares, participations and primary capital certificates | 7 517 | 14 640 | 4 076 | 6 270 | 8 161 |
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Bonds and certificates | 212 | 293 | 873 | 1 021 | 923 |
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Financial derivatives | -4 664 | -6 695 | 409 | 1 196 | 320 |
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Land and buildings | 3 | 7 | .. | 1 | 3 |
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Other realized gains/losses | -106 | -250 | -78 | 96 | 65 |
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Net change in value | 17 940 | 24 502 | 518 | 10 788 | 14 700 |
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Shares, participations and primary capital certificates | 17 067 | 20 961 | -682 | 9 819 | 13 056 |
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Bonds and certificates | 789 | 990 | -521 | 514 | -72 |
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Financial derivatives | -2 922 | -2 000 | 1 571 | -1 315 | -315 |
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Land and buildings | 36 | 30 | 3 | -30 | -23 |
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Other net change in value | 2 970 | 4 521 | 148 | 1 800 | 2 054 |
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Profitt/loss on ordinary activities | 4 459 | 7 012 | 1 632 | 3 461 | 5 156 |
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Other result components | -6 | -128 | -31 | -105 | -226 |
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Tax | 199 | 540 | 225 | 535 | 693 |
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Total Profitt/loss | 4 255 | 6 345 | 1 376 | 2 821 | 4 237 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 2 964 | 14 915 | 897 | 2 006 | 3 080 |
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Value-adjusted profitt/loss | 16 266 | 22 663 | 5 419 | 16 449 | 21 786 |
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