Table

Life insurance companies. Profitt and loss account. NOK Million
4th quarter 20191st quarter 20202nd quarter 20203rd quarter 20204th quarter 2020
11st quarter of 2016: Closed series
21st quarter of 2016: Changes in complementary provisions is discontinued, the remaining items are continued
Earned premiums, net of reinsurance122 47539 46166 20597 383132 320
Gross premiums written108 71227 64851 06879 263106 145
Reinsurers share of gross premiums written-768-237-454-584-787
Transfers of premium reserve from other companies14 53112 05115 59118 70426 962
 
Claims incurred, net of reinsurance74 97833 94053 52671 84395 614
Gross claims payment60 89118 40433 72348 83565 004
Reinsurance share of gross claims payments-730-120-266-377-603
Other appropriations1..........
Transfers of premiumreserve etc. to other companies14 81715 65620 06823 38431 213
 
Net change in technical provisions168 651-76 729-82844 191111 466
Premium reserve116 078-40 2339 02943 06990 769
Other technical provisions2498-872-1 590-1 96414 145
To/from revaluation reserve38 371-38 555-13 114-8 981422
Means allocated insurance contracts13 7052 9304 84612 0676 129
 
Other operating income/ costs-6 911-557-2 235-3 169-4 635
Commision received-170-259255270
Operating income, real property6810213186
Other operating income2 2081 7112 1603 1814 045
Personell costs3 3847451 5942 4023 243
Commision submitted9592775417931 030
Operating costs, real property10001
Depreciations of non-financial assets41287163249367
Other operating costs4 2631 1662 1773 1924 396
 
Investment income /costs44 48811 74218 44829 04442 329
Interest income bonds and certificates21 2355 58410 07816 99422 460
Interest income other assets7 8962 6003 4094 3486 909
Share dividend etc.17 0304 0336 0909 06614 556
Interest costs1 6744751 1291 3641 595
 
Gains/losses, value (re-)adjustments on financial assets93 588-94 865-29 638-3 53745 680
Realized gains/losses8 1716 740-1 12017 29823 763
Shares, participations and primary capital certificates19 69313 64721 44129 39935 414
Bonds and certificates1 8927 2105 1084 9592 531
Financial derivatives-12 071-15 370-24 390-14 106-11 183
Land and buildings10001
Other realized gains/losses-1 3451 253-3 279-2 955-3 000
Net change in value85 417-101 605-28 519-20 83521 918
Shares, participations and primary capital certificates59 108-62 480-31 317-18 7484 834
Bonds and certificates4892 8963 0142 934719
Financial derivatives10 586-28 8983 311-4 6048 488
Land and buildings31-1-1-2-2
Other net change in value15 204-13 122-3 526-4157 879
 
Profitt/loss on ordinary activities10 010-1 429833 6878 615
 
Other result components102-335-314-253-95
 
Tax1 915-1 234-1 003-344603
 
Total Profitt/loss8 197-5307723 7787 917
 
Specifications
Balance on the technical account for life insurance12 770-1 649-1 9351 0434 638
Value-adjusted profitt/loss48 381-39 984-13 031-5 2949 037