Statistics Norway
Life and non-life insurance companies, 1. quarter 2002
1 Life insurance companies. Profit and loss account. Million kroner
31.03.2001 30.06.2001* 30.09.2001* 31.12.2001* 31.03.2002*
Earned premiums, net of reinsurance 15 813 23 373 33 938 43 563 16 142
Gross premiums written 12 301 18 601 28 380 36 870 12 066
- Reinsurers share of gross premiums written -100 -701 -1 259 -1 704 -232
- Reinsurers share of investment income -8 -252 -242 -226 -185
Transfer of premiumreserve from other companies 3 620 5 725 7 059 8 623 4 493
     
Claims incurred, net of reinsurance 9 229 15 533 21 539 28 264 10 121
Gross claim payment 5 453 10 637 15 750 21 349 5 972
Reinsurers share of gross claim payments -50 -477 -630 -888 -370
Net change in the provision for outstanding claims 23 68 78 97 19
Transfer of premiumreserve etc. to other companies 3 803 5 306 6 341 7 706 4 501
     
Net change in technical provisions 9 204 14 958 15 783 21 373 9 455
Premiumreserve 8 143 11 443 16 267 21 505 8 318
Not allocated technical provisions 895 1 689 12 773 89
Other technical provisions 165 1 826 -496 -905 1 048
     
Investment income (+)/charges (-) 3 886 8 806 12 838 17 006 4 873
Interest income 3 991 8 255 12 382 16 765 4 828
Bonds and certificates 2 910 6 021 9 214 12 501 3 405
Other assets 1 081 2 234 3 169 4 264 1 423
Interest charges 427 861 1 235 1 790 322
Share dividend etc. 322 1 412 1 691 2 031 367
     
Gains/losses, value (re-)adjustments on financial assets -11 640 -10 055 -27 138 -17 743 -415
Gains (+)/losses (-) 2 062 1 520 -3 811 -10 291 -909
Shares, participations and primary capital certificates -529 -2 045 -8 324 -17 151 -1 813
Bonds and certificates 804 525 831 1 535 -205
Currency and financial derivatives 1 758 2 947 3 602 5 250 1 108
Land and buildings 29 94 80 74 .
Unrealized gains (+)/losses (-) -13 665 -11 573 -23 323 -7 441 494
Shares, participations and primary capital certificates -10 739 -8 461 -23 808 -5 383 2 261
Bonds and certificates -417 370 4 312 2 396 -1 014
Currency and financial derivatives -2 539 -3 535 -4 542 -5 812 -744
Land and buildings 30 54 715 1 358 -9
Value re-adjustments (+)/adjustments (-) -37 -3 -4 -10 0
     
Other operating income (+)/expenses (-) 1 142 568 223 185 -478
Personnel costs 355 699 1 025 1 505 382
Commisions received (+)/submitted (-) -118 -458 -572 -387 -125
Operating income (+)/costs (-) from real property 729 1 301 1 988 2 506 682
Depreciations of non-financial assets 29 59 92 131 23
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) 914 483 -76 -297 -630
     
To/from revaluation reserve -7 296 -6 725 -7 854 -6 637 155
     
Profit/loss on ordinary activities -1 935 -1 075 -9 607 13 392
     
Extraordinary income (+)/charges (-) . . -1 1 -2
     
Tax 8 66 -374 -229 42
     
Profit/loss -1 943 -1 142 -9 234 242 348
     
Spesifications   
Balance on the technical account for life insurance -1 816 -850 -9 288 47 438