Statistics Norway - home page

Life and non-life insurance companies, 2. quarter 2004
7 Non-life insurance companies. Profit and loss account. NOK Million
30.06.2003 30.09.2003* 31.12.2003* 31.03.2004* 30.06.2004*
     
Earned premiums, net of reinsurance 18 141 27 330 36 156 9 560 19 706
Gross premiums written 27 820 36 756 45 194 17 529 29 462
- Reinsurers share of gross premiums written -4 924 -6 551 -7 680 -2 939 -4 938
Gross change in the provisions for unearned premiums -5 712 -3 281 -1 170 -6 206 -5 671
- Reinsurers share of the gross change in the provision for outstanding claims 957 406 -188 1 177 853
     
Claims incurred, net of reinsurance 13 466 19 735 26 794 6 560 12 939
Gross claim payment 14 938 22 658 30 137 7 099 14 012
Reinsurers share of gross claim payments -3 040 -4 743 -6 090 -990 -2 328
Gross change in the provision for outstanding claims 679 -263 109 490 1 074
Reinsurers share of the gross change in the provision for outstanding claims 889 2 083 2 639 -39 181
     
Bonuses and rebates -1 11 3 3 1
     
Net change in technical provisions 1 957 2 610 2 337 1 061 2 180
     
Other operating income (+)/expenses (-) -4 498 -6 424 -8 902 -2 156 -4 203
Personnel costs 1 994 3 017 4 038 1 057 2 040
Commisions received (+)/submitted (-) -748 -993 -1 382 -303 -573
Operating income (+)/costs (-) from real property 139 207 197 55 114
Depreciations of non-financial assets 270 405 573 127 254
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -1 626 -2 216 -3 107 -725 -1 450
     
Investment income (+)/charges (-) 1 591 2 295 3 594 708 1 450
Interest income 1 593 2 333 3 132 908 1 598
Interest charges 270 443 599 259 312
Share dividend etc. 268 405 1 061 60 163
     
Gains/losses, value (re-)adjustments on financial assets 1 718 2 161 4 297 653 266
Gains (+)/losses (-) 411 851 2 943 364 528
Unrealized gains (+)/losses (-) 1 308 1 339 1 375 290 -257
Value re-adjustments (+)/adjustments (-) -1 -28 -22 -1 -4
     
Profit/loss on ordinary activities 1 528 3 006 6 010 1 142 2 098
     
Extraordinary income (+)/charges (-) . 1 74 0 0
     
Tax 118 224 244 63 -34
     
Profit/loss 1 411 2 783 5 840 1 079 2 132
     
Spesifications   
Balance on the technical account for non-life insurance -133 927 1 222 358 1 647
,