Statistics Norway - home page

Life and non-life insurance companies, 3. quarter 2002
1 Life insurance companies. Profit and loss account. NOK Million
30.09.2001 31.12.2001* 31.03.2002* 30.06.2002* 30.09.2002*
Earned premiums, net of reinsurance 33 938 43 563 16 142 22 849 37 243
Gross premiums written 28 380 36 870 12 066 18 307 31 015
- Reinsurers share of gross premiums written -1 259 -1 704 -232 -564 -1 376
- Reinsurers share of investment income -242 -226 -185 -372 -579
Transfer of premiumreserve from other companies 7 059 8 623 4 493 5 478 8 183
     
Claims incurred, net of reinsurance 21 539 28 264 10 121 15 554 22 142
Gross claim payment 15 750 21 349 5 972 10 604 16 009
Reinsurers share of gross claim payments -630 -888 -370 -581 -726
Net change in the provision for outstanding claims 78 97 19 55 132
Transfer of premiumreserve etc. to other companies 6 341 7 706 4 501 5 475 6 728
     
Net change in technical provisions 15 783 21 373 9 455 11 043 19 940
Premiumreserve 16 267 21 505 8 318 10 743 21 060
Not allocated technical provisions 12 773 89 3 3
Other technical provisions -496 -905 1 048 297 -1 123
     
Investment income (+)/charges (-) 12 838 17 006 4 873 9 758 14 452
Interest income 12 382 16 765 4 828 9 264 13 971
Bonds and certificates 9 214 12 501 3 405 6 648 10 277
Other assets 3 169 4 264 1 423 2 616 3 694
Interest charges 1 235 1 790 322 732 1 034
Share dividend etc. 1 691 2 031 367 1 227 1 514
     
Gains/losses, value (re-)adjustments on financial assets -27 138 -17 743 -415 -13 816 -21 121
Gains (+)/losses (-) -3 811 -10 291 -909 -2 026 -6 354
Shares, participations and primary capital certificates -8 324 -17 151 -1 813 -6 171 -10 393
Bonds and certificates 831 1 535 -205 -372 284
Currency and financial derivatives 3 602 5 250 1 108 4 506 3 701
Land and buildings 80 74 . 11 54
Unrealized gains (+)/losses (-) -23 323 -7 441 494 -11 823 -14 785
Shares, participations and primary capital certificates -23 808 -5 383 2 261 -9 592 -13 898
Bonds and certificates 4 312 2 396 -1 014 505 1 479
Currency and financial derivatives -4 542 -5 812 -744 -2 613 -2 507
Land and buildings 715 1 358 -9 -122 140
Value re-adjustments (+)/adjustments (-) -4 -10 0 32 19
     
Other operating income (+)/expenses (-) 223 185 -478 -749 -524
Personnel costs 1 025 1 505 382 707 1 122
Commisions received (+)/submitted (-) -572 -387 -125 -221 -336
Operating income (+)/costs (-) from real property 1 988 2 506 682 1 353 1 954
Depreciations of non-financial assets 92 131 23 84 114
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -76 -297 -630 -1 091 -905
     
To/from revaluation reserve -7 854 -6 637 155 -1 217 -1 217
     
Profit/loss on ordinary activities -9 607 13 392 -7 337 -10 815
     
Extraordinary income (+)/charges (-) -1 1 -2 0 1
     
Tax -374 -229 42 -517 -911
     
Profit/loss -9 234 242 348 -6 820 -9 903
     
Spesifications   
Balance on the technical account for life insurance -9 288 47 438 -7 222 -10 650