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Life and non-life insurance companies, 1. quarter 2003
7 Non-life insurance companies. Profit and loss account. NOK Million
31.03.2002 30.06.2002* 30.09.2002* 31.12.2002* 31.03.2003*
     
Earned premiums, net of reinsurance 8 107 16 761 24 771 33 045 9 065
Gross premiums written 15 428 25 767 33 758 42 392 16 806
- Reinsurers share of gross premiums written -2 989 -4 948 -6 465 -8 298 -2 997
Gross change in the provisions for unearned premiums -5 527 -5 217 -3 215 -1 231 -5 753
- Reinsurers share of the gross change in the provision for outstanding claims 1 195 1 159 693 181 1 010
     
Claims incurred, net of reinsurance 6 428 12 335 18 657 25 851 6 776
Gross claim payment 7 248 14 316 20 236 28 397 7 837
Reinsurers share of gross claim payments -1 317 -2 771 -3 869 -5 700 -1 262
Gross change in the provision for outstanding claims -103 1 434 3 376 4 505 103
Reinsurers share of the gross change in the provision for outstanding claims 600 -644 -1 086 -1 351 98
     
Bonuses and rebates 10 20 21 41 2
     
Net change in technical provisions 605 920 934 1 089 620
     
Other operating income (+)/expenses (-) -1 935 -3 985 -6 123 -7 860 -2 790
Personnel costs 992 1 937 2 866 3 911 1 011
Commisions received (+)/submitted (-) -297 -593 -757 -911 -398
Operating income (+)/costs (-) from real property 78 158 232 311 69
Depreciations of non-financial assets 128 267 396 541 136
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . 0 .
Other operating income (+)/expenses (-) -597 -1 347 -2 335 -2 808 -1 314
     
Investment income (+)/charges (-) 569 815 2 456 3 595 799
Interest income 678 1 540 2 547 3 738 834
Interest charges 68 148 258 459 168
Share dividend etc. -41 -577 166 315 132
     
Gains/losses, value (re-)adjustments on financial assets -17 -2 124 -2 968 -2 872 193
Gains (+)/losses (-) 88 -770 -678 -918 104
Unrealized gains (+)/losses (-) -104 -1 354 -2 290 -1 951 88
Value re-adjustments (+)/adjustments (-) 0 0 -1 -3 1
     
Profit/loss on ordinary activities -320 -1 809 -1 476 -1 073 -131
     
Extraordinary income (+)/charges (-) 30 29 -3 6 .
     
Tax -149 -153 -168 -441 -88
     
Profit/loss -141 -1 627 -1 312 -626 -43
     
Spesifications   
Balance on the technical account for non-life insurance 225 2 328 3 049 3 256 -270
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