Table
Life insurance companies. Profitt and loss account. NOK Million | 2011 | 2012 | 2013 | 2014 | 2015 |
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Earned premiums, net of reinsurance | 85 932 | 92 008 | 95 365 | 131 726 | 106 116 |
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Gross premiums written | 71 690 | 82 102 | 81 765 | 92 809 | 91 794 |
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Reinsurers share of gross premiums written | -960 | -1 123 | -981 | -1 081 | -1 201 |
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Transfer of premium reserve from other companies | 15 202 | 11 029 | 14 581 | 39 998 | 15 523 |
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| | | | | |
Claims incurred, net of reinsurance | 54 592 | 53 739 | 59 372 | 92 703 | 72 567 |
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Gross claim payment | 40 796 | 44 944 | 45 625 | 47 314 | 50 007 |
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Reinsurers share of gross claim payments | -451 | -754 | -512 | -531 | -765 |
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Other provisions | 628 | 1 008 | 635 | 713 | 352 |
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Transfer of premiumreserve etc. to other companies | 13 620 | 8 541 | 13 624 | 45 207 | 22 973 |
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| | | | | |
Net change in technical provisions | 40 148 | 83 930 | 89 591 | 98 389 | 69 245 |
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Premium reserve | 44 079 | 71 468 | 73 878 | 73 280 | 43 545 |
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Other technical provisions | 3 153 | 374 | -467 | 5 193 | 4 319 |
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To/from revaluation reserve | -9 439 | 8 346 | 9 437 | 14 280 | 1 616 |
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Means allocated to insurance contracts | 2 355 | 3 742 | 6 743 | 5 636 | 19 766 |
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| | | | | |
Other operating income/ costs | -5 639 | -5 901 | -5 549 | -5 654 | -6 156 |
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Commisions received | 118 | 53 | 82 | 122 | 55 |
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Operating income, real property | 74 | 60 | 32 | 45 | 43 |
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Other operating income | 1 167 | 1 232 | 1 320 | 1 579 | 1 307 |
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Personnel cost | 2 966 | 3 382 | 2 904 | 2 643 | 2 988 |
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Commisions submitted | 795 | 728 | 828 | 966 | 1 030 |
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Operating costs, real property | 7 | 2 | 3 | 4 | 2 |
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Depreciations of non-financial assets | 308 | 335 | 296 | 365 | 295 |
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Other operating costs | 2 921 | 2 799 | 2 952 | 3 423 | 3 247 |
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| | | | | |
Investment income /costs | 33 790 | 33 992 | 33 341 | 34 467 | 40 510 |
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Interest income from bonds and certificates | 21 679 | 24 058 | 22 151 | 21 959 | 21 198 |
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Interest income other assets | 4 213 | 5 846 | 5 311 | 5 627 | 7 573 |
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Share dividend etc. | 6 942 | 5 510 | 7 142 | 8 147 | 13 160 |
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Interest costs | -956 | 1 422 | 1 262 | 1 266 | 1 421 |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | -15 736 | 22 754 | 32 799 | 36 639 | 9 726 |
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Realized gains/losses | -341 | 9 006 | 8 036 | 13 062 | 4 258 |
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Shares, participations and primary capital certificates | 391 | 4 382 | 14 683 | 20 349 | 21 818 |
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Bonds and certificates | -751 | 813 | 291 | 3 130 | 3 502 |
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Financial derivatives | -137 | 3 801 | -6 695 | -10 563 | -21 718 |
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Land and buildings | 27 | 4 | -11 | 3 | 1 |
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Other realizes gains/ losses | 129 | 6 | -232 | 143 | 654 |
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Net change in value | -15 395 | 13 748 | 24 762 | 23 577 | 5 469 |
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Shares, participations and primary capital certificates | -11 351 | 8 496 | 21 298 | 23 758 | 2 455 |
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Bonds and certificates | 441 | -438 | 899 | 4 481 | -307 |
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Financial derivatives | -3 181 | 3 276 | -2 000 | -8 063 | 1 776 |
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Land and buildings | -8 | -10 | 30 | -44 | 12 |
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Other net change in value | -1 296 | 2 424 | 4 534 | 3 444 | 1 532 |
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| | | | | |
Profitt/loss on ordinary activities | 3 606 | 5 183 | 6 993 | 6 086 | 8 384 |
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| | | | | |
Other result components | 23 | 200 | -130 | -550 | 312 |
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| | | | | |
Tax | 882 | 558 | 584 | 620 | -1 747 |
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| | | | | |
Total Profitt/loss | 2 748 | 4 825 | 6 279 | 4 917 | 10 443 |
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| | | | | |
Specifications | | | | | |
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Balance on the technical account for life insurance | 2 390 | 3 003 | 15 246 | 3 382 | 17 358 |
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Value-adjusted profitt/loss | -877 | 17 312 | 22 454 | 31 080 | 34 186 |
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