Table
Life insurance companies. Profitt and loss account. NOK Million | 2014 | 2015 | 2016 | 2017 | 2018 |
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Earned premiums, net of reinsurance | 131 726 | 106 117 | 104 597 | 103 984 | .. |
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Gross premiums written | 92 809 | 91 785 | 94 084 | 93 448 | .. |
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Reinsurers share of gross premiums written | -1 081 | -1 190 | -1 039 | -943 | .. |
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Transfer of premium reserve from other companies | 39 998 | 15 522 | 11 552 | 11 480 | .. |
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| | | | | |
Claims incurred, net of reinsurance | 92 703 | 72 691 | 62 615 | 65 298 | .. |
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Gross claim payment | 47 314 | 50 063 | 51 829 | 54 725 | .. |
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Reinsurers share of gross claim payments | -531 | -805 | -598 | -466 | .. |
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Other provisions | 713 | 458 | .. | .. | .. |
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Transfer of premiumreserve etc. to other companies | 45 207 | 22 976 | 11 384 | 11 040 | .. |
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| | | | | |
Net change in technical provisions | 98 389 | 69 177 | 93 644 | 118 974 | .. |
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Premium reserve | 73 280 | 43 477 | 73 470 | 86 740 | .. |
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Other technical provisions | 5 193 | 4 332 | 8 676 | 6 401 | .. |
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To/from revaluation reserve | 14 280 | 1 616 | 5 331 | 18 003 | .. |
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Means allocated to insurance contracts | 5 636 | 19 753 | 6 167 | 7 830 | .. |
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| | | | | |
Other operating income/ costs | -5 654 | -6 148 | -8 066 | -4 235 | .. |
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Commisions received | 122 | 55 | -193 | -271 | .. |
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Operating income, real property | 45 | 43 | 183 | 42 | .. |
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Other operating income | 1 579 | 1 307 | 1 609 | 1 768 | .. |
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Personnel cost | 2 643 | 2 989 | 2 883 | 3 056 | .. |
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Commisions submitted | 966 | 1 002 | 987 | 846 | .. |
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Operating costs, real property | 4 | 2 | 2 | 1 | .. |
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Depreciations of non-financial assets | 365 | 295 | 572 | 285 | .. |
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Other operating costs | 3 423 | 3 265 | 5 222 | 1 585 | .. |
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| | | | | |
Investment income /costs | 34 467 | 40 922 | 36 072 | 41 708 | .. |
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Interest income from bonds and certificates | 21 959 | 21 198 | 22 200 | 23 702 | .. |
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Interest income other assets | 5 627 | 7 562 | 4 759 | 6 078 | .. |
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Share dividend etc. | 8 147 | 13 583 | 10 760 | 13 405 | .. |
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Interest costs | 1 266 | 1 421 | 1 647 | 1 476 | .. |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | 36 639 | 9 293 | 29 080 | 52 272 | .. |
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Realized gains/losses | 13 062 | 4 258 | 15 907 | 16 441 | .. |
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Shares, participations and primary capital certificates | 20 349 | 21 819 | 8 309 | 15 519 | .. |
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Bonds and certificates | 3 130 | 3 502 | 298 | 1 044 | .. |
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Financial derivatives | -10 563 | -21 718 | 7 241 | 12 | .. |
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Land and buildings | 3 | 1 | 10 | 5 | .. |
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Other realizes gains/ losses | 143 | 654 | 49 | -139 | .. |
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Net change in value | 23 577 | 5 035 | 13 173 | 35 831 | .. |
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Shares, participations and primary capital certificates | 23 758 | 2 022 | 8 393 | 30 052 | .. |
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Bonds and certificates | 4 481 | -307 | -1 958 | -1 255 | .. |
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Financial derivatives | -8 063 | 1 776 | 3 523 | -40 | .. |
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Land and buildings | -44 | 12 | 142 | .. | .. |
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Other net change in value | 3 444 | 1 533 | 3 073 | 7 075 | .. |
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| | | | | |
Profitt/loss on ordinary activities | 6 086 | 8 316 | 5 424 | 9 458 | .. |
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| | | | | |
Other result components | -550 | 312 | -127 | -13 | .. |
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Tax | 620 | -1 750 | -286 | 967 | .. |
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| | | | | |
Total Profitt/loss | 4 917 | 10 378 | 5 584 | 8 478 | .. |
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| | | | | |
Specifications | | | | | |
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Balance on the technical account for life insurance | 3 382 | 17 547 | 4 927 | 4 886 | -6 706 |
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Value-adjusted profitt/loss | 20 367 | 9 932 | 10 754 | 27 460 | .. |
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