Table
Life insurance companies. Profitt and loss account. NOK Million | 3rd quarter 2014 | 4th quarter 2014 | 1st quarter 2015 | 2nd quarter 2015 | 3rd quarter 2015 |
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Earned premiums, net of reinsurance | 108 199 | 131 726 | 37 922 | 61 932 | 83 654 |
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Gross premiums written | 69 452 | 92 809 | 26 276 | 49 496 | 70 214 |
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Reinsurers share of gross premiums written | -600 | -1 081 | -297 | -467 | -675 |
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Transfers of premium reserve from other companies | 39 347 | 39 998 | 11 943 | 12 903 | 14 114 |
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Claims incurred, net of reinsurance | 74 614 | 92 703 | 30 401 | 43 580 | 57 700 |
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Gross claims payment | 35 102 | 47 314 | 12 200 | 24 384 | 36 765 |
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Reinsurance share of gross claims payments | -200 | -531 | -110 | -221 | -372 |
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Other appropriations | 469 | 713 | 292 | 222 | 370 |
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Transfers of premiumreserve etc. to other companies | 39 243 | 45 207 | 18 019 | 19 195 | 20 936 |
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| | | | | |
Net change in technical provisions | 73 197 | 98 389 | 29 853 | 41 806 | 39 337 |
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Premium reserve | 56 297 | 73 280 | 17 769 | 33 544 | 38 082 |
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Other technical provisions | -648 | 5 193 | 115 | -273 | -442 |
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To/from revaluation reserve | 9 025 | 14 280 | 8 565 | 2 190 | -3 843 |
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Means allocated insurance contracts | 8 523 | 5 636 | 3 404 | 6 346 | 5 540 |
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| | | | | |
Other operating income/ costs | -4 439 | -5 654 | -1 622 | -3 088 | -4 523 |
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Commision received | 80 | 122 | 21 | 35 | 50 |
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Operating income, real property | 37 | 45 | 11 | 22 | 32 |
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Other operating income | 1 058 | 1 579 | 411 | 808 | 1 227 |
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Personell costs | 2 210 | 2 643 | 794 | 1 509 | 2 283 |
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Commision submitted | 691 | 966 | 244 | 499 | 761 |
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Operating costs, real property | 3 | 4 | 0 | 1 | 1 |
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Depreciations of non-financial assets | 290 | 365 | 71 | 143 | 214 |
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Other operating costs | 2 421 | 3 423 | 954 | 1 802 | 2 573 |
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| | | | | |
Investment income /costs | 25 034 | 34 467 | 8 210 | 18 699 | 27 804 |
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Interest income bonds and certificates | 17 037 | 21 959 | 5 142 | 10 320 | 15 467 |
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Interest income other assets | 3 983 | 5 627 | 1 236 | 2 771 | 4 456 |
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Share dividend etc. | 4 853 | 8 147 | 2 111 | 6 176 | 8 777 |
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Interest costs | 839 | 1 266 | 279 | 568 | 897 |
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Gains/losses, value (re-)adjustments on financial assets | 24 173 | 36 639 | 16 579 | 12 313 | -3 959 |
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Realized gains/losses | 9 472 | 13 062 | -2 935 | 4 917 | 3 304 |
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Shares, participations and primary capital certificates | 8 161 | 20 349 | 5 293 | 10 427 | 17 301 |
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Bonds and certificates | 923 | 3 130 | 713 | 1 109 | 2 816 |
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Financial derivatives | 320 | -10 563 | -8 744 | -6 595 | -17 405 |
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Land and buildings | 3 | 3 | .. | 1 | 1 |
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Other realized gains/losses | 65 | 143 | -197 | -25 | 590 |
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Net change in value | 14 700 | 23 577 | 19 514 | 7 396 | -7 264 |
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Shares, participations and primary capital certificates | 13 056 | 23 758 | 11 488 | 2 086 | -7 960 |
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Bonds and certificates | -72 | 4 481 | 415 | -1 615 | -307 |
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Financial derivatives | -315 | -8 063 | 5 914 | 4 511 | 1 515 |
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Land and buildings | -23 | -44 | .. | 3 | 3 |
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Other net change in value | 2 054 | 3 444 | 1 697 | 2 410 | -515 |
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Profitt/loss on ordinary activities | 5 156 | 6 086 | 836 | 4 470 | 5 938 |
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Other result components | -226 | -550 | -16 | 127 | 274 |
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Tax | 693 | 620 | 49 | 792 | 634 |
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Total Profitt/loss | 4 237 | 4 917 | 771 | 3 805 | 5 579 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 3 039 | 9 105 | 81 | 2 614 | 3 952 |
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Value-adjusted profitt/loss | 21 786 | 31 080 | 12 489 | 12 462 | 7 075 |
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