Table
Life insurance companies. Profitt and loss account. NOK Million | 1st quarter 2014 | 2nd quarter 2014 | 3rd quarter 2014 | 4th quarter 2014 | 1st quarter 2015 |
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Earned premiums, net of reinsurance | 47 860 | 73 182 | 108 199 | 131 026 | 37 922 |
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Gross premiums written | 24 709 | 49 281 | 69 452 | 92 171 | 26 276 |
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Reinsurers share of gross premiums written | -233 | -419 | -600 | -1 031 | -297 |
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Transfers of premium reserve from other companies | 23 383 | 24 319 | 39 347 | 39 886 | 11 943 |
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Claims incurred, net of reinsurance | 36 505 | 48 901 | 74 614 | 92 661 | 30 401 |
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Gross claims payment | 11 739 | 23 566 | 35 102 | 47 213 | 12 200 |
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Reinsurance share of gross claims payments | -42 | -110 | -200 | -525 | -110 |
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Other appropriations | 123 | 265 | 469 | 770 | 292 |
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Transfers of premiumreserve etc. to other companies | 24 685 | 25 180 | 39 243 | 45 203 | 18 019 |
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| | | | | |
Net change in technical provisions | 21 894 | 55 197 | 73 197 | 97 983 | 29 853 |
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Premium reserve | 17 740 | 41 873 | 56 297 | 72 827 | 17 769 |
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Other technical provisions | 378 | 197 | -648 | 1 620 | 115 |
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To/from revaluation reserve | 647 | 6 611 | 9 025 | 14 289 | 8 565 |
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Means allocated insurance contracts | 3 130 | 6 516 | 8 523 | 9 247 | 3 404 |
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| | | | | |
Other operating income/ costs | -1 389 | -2 772 | -4 439 | -5 646 | -1 622 |
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Commision received | 40 | 74 | 80 | 122 | 21 |
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Operating income, real property | 12 | 25 | 37 | 45 | 11 |
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Other operating income | 338 | 692 | 1 058 | 1 570 | 411 |
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Personell costs | 711 | 1 484 | 2 210 | 2 698 | 794 |
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Commision submitted | 231 | 445 | 691 | 943 | 244 |
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Operating costs, real property | 0 | 2 | 3 | 4 | 0 |
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Depreciations of non-financial assets | 74 | 149 | 290 | 365 | 71 |
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Other operating costs | 764 | 1 483 | 2 421 | 3 374 | 954 |
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Investment income /costs | 7 761 | 17 776 | 25 034 | 34 448 | 8 210 |
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Interest income bonds and certificates | 5 708 | 12 466 | 17 037 | 21 959 | 5 142 |
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Interest income other assets | 1 168 | 2 539 | 3 983 | 5 627 | 1 236 |
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Share dividend etc. | 1 164 | 3 370 | 4 853 | 8 127 | 2 111 |
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Interest costs | 279 | 599 | 839 | 1 266 | 279 |
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Gains/losses, value (re-)adjustments on financial assets | 5 799 | 19 372 | 24 173 | 36 777 | 16 579 |
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Realized gains/losses | 5 281 | 8 584 | 9 472 | 13 028 | -2 935 |
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Shares, participations and primary capital certificates | 4 076 | 6 270 | 8 161 | 20 330 | 5 293 |
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Bonds and certificates | 873 | 1 021 | 923 | 3 114 | 713 |
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Financial derivatives | 409 | 1 196 | 320 | -10 563 | -8 744 |
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Land and buildings | .. | 1 | 3 | 3 | .. |
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Other realized gains/losses | -78 | 96 | 65 | 143 | -197 |
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Net change in value | 518 | 10 788 | 14 700 | 23 748 | 19 514 |
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Shares, participations and primary capital certificates | -682 | 9 819 | 13 056 | 23 965 | 11 488 |
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Bonds and certificates | -521 | 514 | -72 | 4 490 | 415 |
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Financial derivatives | 1 571 | -1 315 | -315 | -8 063 | 5 914 |
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Land and buildings | 3 | -30 | -23 | -17 | .. |
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Other net change in value | 148 | 1 800 | 2 054 | 3 374 | 1 697 |
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Profitt/loss on ordinary activities | 1 632 | 3 461 | 5 156 | 5 960 | 836 |
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Other result components | -31 | -105 | -226 | -550 | -16 |
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Tax | 225 | 535 | 693 | 575 | 49 |
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Total Profitt/loss | 1 376 | 2 821 | 4 237 | 4 835 | 771 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 897 | 2 006 | 3 039 | 3 132 | 81 |
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Value-adjusted profitt/loss | 5 419 | 16 449 | 21 786 | 31 042 | 12 489 |
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