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Life and non-life insurance companies, 4. quarter 2002
1 Life insurance companies. Profit and loss account. NOK Million
31.12.2001 31.03.2002* 30.06.2002* 30.09.2002* 31.12.2002*
Earned premiums, net of reinsurance 43 563 15 857 22 318 37 243 47 371
Gross premiums written 36 870 11 817 17 846 31 015 39 222
- Reinsurers share of gross premiums written -1 704 -232 -565 -1 376 -1 837
- Reinsurers share of investment income -226 -185 -372 -579 -294
Transfer of premiumreserve from other companies 8 623 4 456 5 409 8 183 10 281
     
Claims incurred, net of reinsurance 28 264 10 127 15 589 22 142 28 688
Gross claim payment 21 349 5 971 10 619 16 009 21 426
Reinsurers share of gross claim payments -888 -370 -582 -726 -1 131
Net change in the provision for outstanding claims 97 25 77 132 278
Transfer of premiumreserve etc. to other companies 7 706 4 501 5 476 6 728 8 114
     
Net change in technical provisions 21 373 9 060 10 191 19 940 20 709
Premiumreserve 21 505 8 318 10 744 21 060 25 493
Not allocated technical provisions 773 89 3 3 1
Other technical provisions -905 653 -556 -1 123 -4 785
     
Investment income (+)/charges (-) 17 006 4 874 9 760 14 452 19 146
Interest income 16 765 4 828 9 264 13 971 19 002
Bonds and certificates 12 501 3 405 6 648 10 277 14 473
Other assets 4 264 1 423 2 617 3 694 4 529
Interest charges 1 790 322 732 1 034 1 624
Share dividend etc. 2 031 367 1 227 1 514 1 768
     
Gains/losses, value (re-)adjustments on financial assets -17 743 -570 -14 196 -21 121 -18 846
Gains (+)/losses (-) -10 291 -1 004 -2 254 -6 354 -12 882
Shares, participations and primary capital certificates -17 151 -1 907 -6 398 -10 393 -22 171
Bonds and certificates 1 535 -205 -372 284 458
Currency and financial derivatives 5 250 1 108 4 506 3 701 8 691
Land and buildings 74 . 11 54 139
Unrealized gains (+)/losses (-) -7 441 433 -11 975 -14 785 -5 975
Shares, participations and primary capital certificates -5 383 2 200 -9 744 -13 898 -7 263
Bonds and certificates 2 396 -1 014 505 1 479 1 521
Currency and financial derivatives -5 812 -744 -2 614 -2 507 -419
Land and buildings 1 358 -9 -122 140 185
Value re-adjustments (+)/adjustments (-) -10 0 32 19 12
     
Other operating income (+)/expenses (-) 185 -435 -671 -524 -1 015
Personnel costs 1 505 384 710 1 122 1 550
Commisions received (+)/submitted (-) -387 -111 -197 -336 -489
Operating income (+)/costs (-) from real property 2 506 682 1 353 1 954 2 581
Depreciations of non-financial assets 131 23 84 114 156
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . -40
Other operating income (+)/expenses (-) -297 -599 -1 033 -905 -1 362
     
To/from revaluation reserve -6 637 155 -1 217 -1 217 -1 025
     
Profit/loss on ordinary activities 13 384 -7 352 -10 815 -1 715
     
Extraordinary income (+)/charges (-) 1 -2 0 1 2
     
Tax -229 42 -518 -911 -594
     
Profit/loss 242 340 -6 834 -9 903 -1 119
     
Spesifications   
Balance on the technical account for life insurance 47 421 -7 257 -10 650 -1 476