Table
Life insurance companies. Profitt and loss account. NOK Million | 4th quarter 2011 | 1st quarter 2012 | 2nd quarter 2012 | 3rd quarter 2012 | 4th quarter 2012 |
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Earned premiums, net of reinsurance | 85 932 | 28 398 | 48 901 | 71 561 | 91 575 |
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Gross premiums written | 71 690 | 23 572 | 42 235 | 62 384 | 81 742 |
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Reinsurers share of gross premiums written | -960 | -107 | -343 | -423 | -1 136 |
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Transfers of premium reserve from other companies | 15 202 | 4 932 | 7 010 | 9 601 | 10 970 |
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Claims incurred, net of reinsurance | 54 592 | 15 344 | 27 716 | 40 349 | 53 829 |
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Gross claims payment | 40 796 | 11 032 | 21 473 | 32 584 | 44 606 |
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Reinsurance share of gross claims payments | -451 | 24 | -58 | -34 | -623 |
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Other appropriations | 628 | 193 | 357 | 642 | 1 002 |
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Transfers of premiumreserve etc. to other companies | 13 620 | 4 095 | 5 944 | 7 157 | 8 843 |
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| | | | | |
Net change in technical provisions | 40 148 | 32 842 | 40 567 | 67 338 | 83 365 |
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Premium reserve | 44 079 | 22 086 | 32 520 | 50 777 | 69 884 |
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Other technical provisions | 3 153 | 304 | 247 | 299 | 563 |
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To/from revaluation reserve | -9 439 | 8 379 | 5 032 | 11 224 | 8 346 |
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Means allocated insurance contracts | 2 355 | 2 073 | 2 768 | 5 038 | 4 571 |
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| | | | | |
Other operating income/ costs | -5 639 | -1 438 | -2 833 | -4 463 | -5 932 |
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Commision received | 118 | 38 | 69 | 90 | 109 |
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Operating income, real property | 74 | 16 | 31 | 43 | 60 |
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Other operating income | 1 167 | 282 | 551 | 832 | 1 153 |
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Personell costs | 2 966 | 756 | 1 546 | 2 546 | 3 389 |
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Commision submitted | 795 | 155 | 319 | 511 | 689 |
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Operating costs, real property | 7 | 1 | 1 | 2 | 2 |
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Depreciations of non-financial assets | 308 | 70 | 141 | 213 | 333 |
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Other operating costs | 2 921 | 793 | 1 476 | 2 156 | 2 840 |
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| | | | | |
Investment income /costs | 33 790 | 7 901 | 15 695 | 23 689 | 33 995 |
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Interest income bonds and certificates | 21 679 | 5 533 | 10 508 | 16 268 | 24 063 |
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Interest income other assets | 4 213 | 895 | 3 025 | 4 464 | 5 851 |
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Share dividend etc. | 6 942 | 1 235 | 2 900 | 4 060 | 5 504 |
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Interest costs | -956 | -237 | 738 | 1 102 | 1 422 |
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| | | | | |
Gains/losses, value (re-)adjustments on financial assets | -15 736 | 14 559 | 8 998 | 20 767 | 22 722 |
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Realized gains/losses | -341 | 1 662 | 1 318 | 3 746 | 9 005 |
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Shares, participations and primary capital certificates | 391 | 43 | 1 649 | 1 960 | 4 369 |
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Bonds and certificates | -751 | -551 | -92 | 318 | 825 |
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Financial derivatives | -137 | 2 098 | -244 | 1 503 | 3 801 |
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Land and buildings | 27 | 3 | 4 | 4 | 4 |
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Other realized gains/losses | 129 | 69 | 2 | -39 | 6 |
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Net change in value | -15 395 | 12 897 | 7 680 | 17 022 | 13 717 |
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Shares, participations and primary capital certificates | -11 351 | 9 797 | 5 514 | 11 705 | 8 497 |
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Bonds and certificates | 441 | -480 | 138 | 489 | -504 |
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Financial derivatives | -3 181 | 1 815 | 1 630 | 2 809 | 3 276 |
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Land and buildings | -8 | -9 | -3 | -11 | -10 |
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Other net change in value | -1 296 | 1 774 | 402 | 2 029 | 2 459 |
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Profitt/loss on ordinary activities | 3 606 | 1 234 | 2 478 | 3 867 | 5 167 |
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Other result components | 23 | .. | 6 | 6 | 196 |
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Tax | 882 | -82 | 55 | 38 | 446 |
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Total Profitt/loss | 2 748 | 1 316 | 2 430 | 3 835 | 4 918 |
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Specifications | | | | | |
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Balance on the technical account for life insurance | 8 307 | 628 | 1 471 | 2 281 | 3 006 |
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Value-adjusted profitt/loss | -877 | 11 539 | 10 009 | 19 868 | 18 136 |
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