Statistics Norway - home page

Life and non-life insurance companies, 2002
1 Life insurance companies. Profit and loss account1. NOK Million
1997 1998 1999 2000 2001 2002*
     
Earned premiums, net of reinsurance 28 189 31 176 30 847 35 953 42 902 47 428
Gross premiums written 25 236 26 526 26 986 29 103 36 356 39 214
- Reinsurers share of gross premiums written -273 -862 -932 -1 160 -1 703 -1 844
- Reinsurers share of investment income -65 -461 -692 -826 -226 -294
Transfer of premiumreserve from other companies 3 290 5 973 5 485 8 836 8 476 10 351
     
Claims incurred, net of reinsurance 17 527 23 909 22 491 27 409 28 321 28 757
Gross claim payment 14 133 18 237 16 894 19 054 21 344 21 479
Reinsurers share of gross claim payments -136 -597 -712 -771 -884 -1 133
Net change in the provision for outstanding claims 109 634 216 214 180 290
Transfer of premiumreserve etc. to other companies 3 421 5 634 6 093 8 911 7 681 8 121
     
Net change in technical provisions 28 583 21 074 31 242 33 449 19 736 20 786
Premiumreserve 19 849 17 976 17 048 17 683 21 930 25 626
Other technical provisions to customers 4 435 2 359 7 798 7 876 816 55
Other technical provisions 4 300 739 6 396 7 891 -3 011 -4 896
     
Investment income (+)/charges (-) 13 516 13 746 13 563 14 238 17 009 19 148
Interest income 12 598 12 514 12 476 13 859 16 758 18 992
Bonds and certificates 9 794 10 043 10 274 10 599 12 499 14 459
Other assets 2 803 2 471 2 202 3 259 4 259 4 533
Interest charges 372 474 801 1 715 1 787 1 632
Share dividend etc. 1 290 1 706 1 889 2 094 2 038 1 788
     
Gains/losses, value (re-)adjustments on financial assets 7 241 2 671 32 872 -5 000 -18 326 -18 487
Gains (+)/losses (-) 7 107 2 724 9 447 14 889 -10 734 -13 024
Shares, participations and primary capital certificates 6 256 2 288 7 499 11 754 -17 614 -18 028
Bonds and certificates 1 071 771 -808 -1 594 1 444 738
Currency and financial derivatives -236 -435 2 752 4 551 5 355 4 127
Land and buildings 16 100 4 177 80 139
Unrealized gains (+)/losses (-) 138 -42 23 430 -19 892 -7 657 -5 475
Shares, participations and primary capital certificates 166 -34 25 316 -23 714 -5 881 -7 186
Bonds and certificates 2 -6 -3 270 2 683 -3 061 974
Currency and financial derivatives 2 -2 942 628 -116 552
Land and buildings -32 . 442 511 1 400 185
Value re-adjustments (+)/adjustments (-) -5 -11 -5 3 65 12
     
Other operating income (+)/expenses (-) -1 615 -1 967 -1 320 -1 559 -184 -1 660
Personnel costs 1 428 1 362 1 421 1 440 1 599 1 571
Commisions received (+)/submitted (-) -370 -502 -516 -390 -402 -580
Operating income (+)/costs (-) from real property 1 294 1 594 1 785 2 156 2 403 2 614
Depreciations of non-financial assets 114 84 136 111 132 154
Value adjustments (-)/re-adjustments (+) of non-financial assets . -1 . . . -8
Other operating income (+)/expenses (-) -998 -1 612 -1 032 -1 775 -455 -1 961
     
To/from revaluation reserve . . 21 202 -19 256 -6 637 -1 025
     
Profit/loss on ordinary activities 1 221 642 1 027 2 030 -20 -2 090
     
Extraordinary income (+)/charges (-) 0 . 1 719 . 6 .
     
Tax 4 20 355 230 -244 -606
     
Profit/loss 1 217 622 2 391 1 800 231 -1 484
     
Applications and transfers 1 217 622 2 391 1 800 231 -1 484
Group contribution paid/received 190 -4 978 8 -252 -1 208
Dividends 335 431 158 1 038 252 874
Other transfers 692 194 1 254 754 231 -1 150
     
Spesifications   
Balance on the technical account for life insurance 1 510 887 1 069 2 491 388 -1 704

1New accounts reporting from 1997 makes it possible to offer a higher level of specification degree than earlier.

,