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Life and non-life insurance companies, 2003
1 Life insurance companies. Profit and loss account. NOK Million
30.09.2002 31.12.2002* 31.03.2003* 30.06.2003* 30.09.2003*
Earned premiums, net of reinsurance 37 243 47 371 14 715 23 129 32 912
Gross premiums written 31 015 39 222 11 863 18 981 27 554
- Reinsurers share of gross premiums written -1 376 -1 837 -244 -454 -687
- Reinsurers share of investment income -579 -294 -177 -356 -549
Transfer of premiumreserve from other companies 8 183 10 281 3 273 4 958 6 593
     
Claims incurred, net of reinsurance 22 142 28 688 8 928 16 501 23 671
Gross claim payment 16 009 21 426 5 554 10 987 16 474
Reinsurers share of gross claim payments -726 -1 131 -330 -475 -608
Net change in the provision for outstanding claims 132 278 42 56 73
Transfer of premiumreserve etc. to other companies 6 728 8 114 3 662 5 934 7 733
     
Net change in technical provisions 19 940 20 709 9 249 16 547 24 952
Premiumreserve 21 060 25 493 7 899 11 756 17 001
Not allocated technical provisions 3 1 151 1 548 4 843
Other technical provisions -1 123 -4 785 1 199 3 243 3 108
     
Investment income (+)/charges (-) 14 452 19 146 4 856 9 822 14 470
Interest income 13 971 19 002 5 187 10 649 13 835
Bonds and certificates 10 277 14 473 4 014 7 856 11 889
Other assets 3 694 4 529 1 174 2 793 1 945
Interest charges 1 034 1 624 635 1 777 600
Share dividend etc. 1 514 1 768 303 950 1 235
     
Gains/losses, value (re-)adjustments on financial assets -21 121 -18 846 -171 8 498 9 097
Gains (+)/losses (-) -6 354 -12 882 -293 503 694
Shares, participations and primary capital certificates -10 393 -22 171 -1 102 -2 530 -2 729
Bonds and certificates 284 458 823 2 066 2 475
Currency and financial derivatives 3 701 8 691 -39 939 872
Land and buildings 54 139 25 27 77
Unrealized gains (+)/losses (-) -14 785 -5 975 32 7 924 8 345
Shares, participations and primary capital certificates -13 898 -7 263 -1 106 4 376 4 766
Bonds and certificates 1 479 1 521 984 1 347 1 039
Currency and financial derivatives -2 507 -419 128 2 201 2 540
Land and buildings 140 185 25 . .
Value re-adjustments (+)/adjustments (-) 19 12 90 71 59
     
Other operating income (+)/expenses (-) -524 -1 016 -398 -745 -1 114
Personnel costs 1 122 1 551 387 785 1 142
Commisions received (+)/submitted (-) -336 -489 -174 -315 -481
Operating income (+)/costs (-) from real property 1 954 2 581 647 1 329 1 971
Depreciations of non-financial assets 114 156 39 80 125
Value adjustments (-)/re-adjustments (+) of non-financial assets . -40 2 . .
Other operating income (+)/expenses (-) -905 -1 362 -446 -893 -1 337
     
To/from revaluation reserve -1 217 -1 025 66 4 158 4 918
     
Profit/loss on ordinary activities -10 815 -1 716 759 3 497 1 824
     
Extraordinary income (+)/charges (-) 1 2 . . .
     
Tax -911 -594 9 125 201
     
Profit/loss -9 903 -1 120 750 3 373 1 623
     
Spesifications   
Balance on the technical account for life insurance -10 650 -1 477 821 3 667 2 034
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