Table
Life insurance companies. Profitt and loss account. NOK Million | 2009 | 2010 | 2011 | 2012 | 2013 |
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Earned premiums, net of reinsurance | 74 964 | 80 009 | 85 932 | 92 008 | 95 365 |
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Gross premiums written | 64 922 | 66 489 | 71 690 | 82 102 | 81 765 |
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Reinsurers share of gross premiums written | -1 061 | -887 | -960 | -1 123 | -981 |
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Transfer of premium reserve from other companies | 11 103 | 14 407 | 15 202 | 11 029 | 14 581 |
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| | | | | |
Claims incurred, net of reinsurance | 45 635 | 51 707 | 54 592 | 53 739 | 59 372 |
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Gross claim payment | 35 799 | 40 906 | 40 796 | 44 944 | 45 625 |
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Reinsurers share of gross claim payments | -615 | -340 | -451 | -754 | -512 |
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Other provisions | 703 | 428 | 628 | 1 008 | 635 |
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Transfer of premiumreserve etc. to other companies | 9 748 | 10 713 | 13 620 | 8 541 | 13 624 |
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| | | | | |
Net change in technical provisions | 69 741 | 71 741 | 40 148 | 83 930 | 89 591 |
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Premium reserve | 46 825 | 49 315 | 44 079 | 71 468 | 73 878 |
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Other technical provisions | 11 982 | 3 980 | 3 153 | 374 | -467 |
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To/from revaluation reserve | 5 453 | 10 640 | -9 439 | 8 346 | 9 437 |
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Means allocated to insurance contracts | 5 480 | 7 805 | 2 355 | 3 742 | 6 743 |
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| | | | | |
Other operating income/ costs | -5 524 | -5 735 | -5 639 | -5 901 | -5 549 |
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Commisions received | -24 | 52 | 118 | 53 | 82 |
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Operating income, real property | 390 | 139 | 74 | 60 | 32 |
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Other operating income | 980 | 1 055 | 1 167 | 1 232 | 1 320 |
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Personnel cost | 3 090 | 2 772 | 2 966 | 3 382 | 2 904 |
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Commisions submitted | 762 | 797 | 795 | 728 | 828 |
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Operating costs, real property | 45 | 12 | 7 | 2 | 3 |
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Depreciations of non-financial assets | 291 | 327 | 308 | 335 | 296 |
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Other operating costs | 2 681 | 3 072 | 2 921 | 2 799 | 2 952 |
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| | | | | |
Investment income /costs | 25 330 | 31 312 | 33 790 | 33 992 | 33 341 |
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Interest income from bonds and certificates | 20 384 | 19 028 | 21 679 | 24 058 | 22 151 |
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Interest income other assets | 6 600 | 4 455 | 4 213 | 5 846 | 5 311 |
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Share dividend etc. | 2 046 | 9 112 | 6 942 | 5 510 | 7 142 |
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Interest costs | 3 700 | 1 283 | -956 | 1 422 | 1 262 |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | 24 742 | 22 712 | -15 736 | 22 754 | 32 799 |
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Realized gains/losses | 5 973 | 6 178 | -341 | 9 006 | 8 036 |
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Shares, participations and primary capital certificates | -5 228 | 5 573 | 391 | 4 382 | 14 683 |
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Bonds and certificates | -472 | 951 | -751 | 813 | 291 |
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Financial derivatives | 11 927 | 162 | -137 | 3 801 | -6 695 |
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Land and buildings | 121 | -166 | 27 | 4 | -11 |
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Other realizes gains/ losses | -375 | -343 | 129 | 6 | -232 |
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Net change in value | 18 769 | 16 534 | -15 395 | 13 748 | 24 762 |
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Shares, participations and primary capital certificates | 18 672 | 13 245 | -11 351 | 8 496 | 21 298 |
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Bonds and certificates | -5 092 | -829 | 441 | -438 | 899 |
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Financial derivatives | 1 071 | 1 880 | -3 181 | 3 276 | -2 000 |
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Land and buildings | 359 | 92 | -8 | -10 | 30 |
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Other net change in value | 3 760 | 2 147 | -1 296 | 2 424 | 4 534 |
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| | | | | |
Profitt/loss on ordinary activities | 4 136 | 4 851 | 3 606 | 5 183 | 6 993 |
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| | | | | |
Other result components | 76 | -207 | 23 | 200 | -130 |
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| | | | | |
Tax | 10 | -791 | 882 | 558 | 584 |
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| | | | | |
Total Profitt/loss | 4 203 | 5 435 | 2 748 | 4 825 | 6 279 |
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| | | | | |
Specifications | | | | | |
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Balance on the technical account for life insurance | 2 098 | 3 156 | 2 390 | 3 003 | 15 246 |
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Value-adjusted profitt/loss | 21 225 | 26 594 | -877 | 17 312 | 22 454 |
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