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Life and non-life insurance companies, 1. quarter 2004
7 Non-life insurance companies. Profit and loss account. NOK Million
31.03.2003 30.06.2003* 30.09.2003* 31.12.2003* 31.03.2004*
     
Earned premiums, net of reinsurance 9 067 18 141 27 330 36 156 9 351
Gross premiums written 16 867 27 820 36 756 45 194 17 285
- Reinsurers share of gross premiums written -2 977 -4 924 -6 551 -7 680 -2 905
Gross change in the provisions for unearned premiums -5 886 -5 712 -3 281 -1 170 -6 206
- Reinsurers share of the gross change in the provision for outstanding claims 1 063 957 406 -188 1 177
     
Claims incurred, net of reinsurance 6 791 13 466 19 735 26 794 6 460
Gross claim payment 7 878 14 938 22 658 30 137 6 903
Reinsurers share of gross claim payments -1 291 -3 040 -4 743 -6 090 -971
Gross change in the provision for outstanding claims 110 679 -263 109 569
Reinsurers share of the gross change in the provision for outstanding claims 94 889 2 083 2 639 -42
     
Bonuses and rebates 2 -1 11 3 3
     
Net change in technical provisions 620 1 957 2 610 2 337 1 061
     
Other operating income (+)/expenses (-) -2 790 -4 498 -6 424 -8 902 -2 071
Personnel costs 1 011 1 994 3 017 4 038 1 038
Commisions received (+)/submitted (-) -389 -748 -993 -1 382 -292
Operating income (+)/costs (-) from real property 68 139 207 197 55
Depreciations of non-financial assets 136 270 405 573 124
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -1 322 -1 626 -2 216 -3 107 -672
     
Investment income (+)/charges (-) 793 1 591 2 295 3 594 694
Interest income 839 1 593 2 333 3 132 893
Interest charges 168 270 443 599 259
Share dividend etc. 121 268 405 1 061 60
     
Gains/losses, value (re-)adjustments on financial assets 193 1 718 2 161 4 297 696
Gains (+)/losses (-) 105 411 851 2 943 357
Unrealized gains (+)/losses (-) 88 1 308 1 339 1 375 340
Value re-adjustments (+)/adjustments (-) 1 -1 -28 -22 -1
     
Profit/loss on ordinary activities -150 1 528 3 006 6 010 1 147
     
Extraordinary income (+)/charges (-) . . 1 74 0
     
Tax -64 118 224 244 63
     
Profit/loss -85 1 411 2 783 5 840 1 084
     
Spesifications   
Balance on the technical account for non-life insurance -278 -133 927 1 222 141
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