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Life and non-life insurance companies, 3. quarter 2004
1 Life insurance companies. Profit and loss account. NOK Million
30.09.2003 31.12.2003* 31.03.2004* 30.06.2004* 30.09.2004*
Earned premiums, net of reinsurance 32 912 49 776 18 210 29 808 45 020
Gross premiums written 27 554 43 790 15 726 24 389 38 844
- Reinsurers share of gross premiums written -687 -1 340 -215 -446 -1 217
- Reinsurers share of investment income -549 -782 -192 -364 -609
Transfer of premiumreserve from other companies 6 593 8 109 2 891 6 228 8 003
     
Claims incurred, net of reinsurance 23 671 31 046 9 219 18 189 25 783
Gross claim payment 16 474 22 348 5 940 11 969 18 111
Reinsurers share of gross claim payments -608 -741 -254 -382 -608
Net change in the provision for outstanding claims 73 208 65 143 243
Transfer of premiumreserve etc. to other companies 7 733 9 231 3 468 6 458 8 038
     
Net change in technical provisions 24 952 41 566 14 636 22 249 34 403
Premiumreserve 17 001 29 437 10 850 16 136 26 805
Not allocated technical provisions 4 843 3 070 1 758 3 848 4 530
Other technical provisions 3 108 9 060 2 027 2 265 3 068
     
Investment income (+)/charges (-) 14 470 20 150 4 648 10 389 14 847
Interest income 13 835 19 109 5 377 8 906 13 082
Bonds and certificates 11 889 16 585 3 874 7 789 11 649
Other assets 1 945 2 524 1 502 1 117 1 433
Interest charges 600 667 1 152 283 429
Share dividend etc. 1 235 1 707 423 1 766 2 193
     
Gains/losses, value (re-)adjustments on financial assets 9 097 14 383 5 174 3 563 5 242
Gains (+)/losses (-) 694 3 600 1 499 2 730 4 040
Shares, participations and primary capital certificates -2 729 -1 944 1 232 1 411 2 558
Bonds and certificates 2 475 2 868 1 131 944 6 396
Currency and financial derivatives 872 2 496 -824 391 -4 897
Land and buildings 77 179 -41 -16 -16
Unrealized gains (+)/losses (-) 8 345 11 197 3 807 975 1 392
Shares, participations and primary capital certificates 4 766 8 063 3 307 2 613 2 358
Bonds and certificates 1 039 333 147 -485 88
Currency and financial derivatives 2 540 2 719 353 -1 153 -1 054
Land and buildings . 83 . . .
Value re-adjustments (+)/adjustments (-) 59 -414 -132 -142 -190
     
Other operating income (+)/expenses (-) -1 114 -2 077 -389 -860 -1 204
Personnel costs 1 142 1 600 427 798 1 185
Commisions received (+)/submitted (-) -481 -675 -184 -357 -554
Operating income (+)/costs (-) from real property 1 971 2 640 652 1 263 1 906
Depreciations of non-financial assets 125 165 44 87 130
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -1 337 -2 276 -386 -882 -1 241
     
To/from revaluation reserve 4 918 6 745 2 725 69 80
     
Profit/loss on ordinary activities 1 824 2 875 1 063 2 392 3 639
     
Extraordinary income (+)/charges (-) . . 69 25 25
     
Tax 201 358 116 199 281
     
Profit/loss 1 623 2 517 1 016 2 218 3 383
     
Spesifications   
Balance on the technical account for life insurance 2 037 3 569 1 115 2 505 3 799
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