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Life and non-life insurance companies, 2005
1 Life insurance companies. Profit and loss account. NOK Million
31.03.2004 30.06.2004* 30.09.2004* 31.12.2004* 31.03.2005*
Earned premiums, net of reinsurance 18 210 29 808 45 020 61 790 20 689
Gross premiums written 15 726 24 389 38 844 53 878 17 303
- Reinsurers share of gross premiums written -215 -446 -1 217 -1 020 -141
- Reinsurers share of investment income -192 -364 -609 -712 .
Transfer of premiumreserve from other companies 2 891 6 228 8 003 9 644 3 528
     
Claims incurred, net of reinsurance 9 219 18 189 25 783 34 351 9 565
Gross claim payment 5 940 11 969 18 111 24 705 6 566
Reinsurers share of gross claim payments -254 -382 -608 -436 -51
Net change in the provision for outstanding claims 65 143 243 226 39
Transfer of premiumreserve etc. to other companies 3 468 6 458 8 038 9 855 3 012
     
Net change in technical provisions 14 636 22 249 34 403 47 720 17 635
Premiumreserve 10 850 16 136 26 805 38 322 13 794
Not allocated technical provisions 1 758 3 848 4 530 4 156 2 515
Other technical provisions 2 027 2 265 3 068 5 241 1 326
     
Investment income (+)/charges (-) 4 648 10 389 14 847 20 041 4 387
Interest income 5 377 8 906 13 082 17 957 4 025
Bonds and certificates 3 874 7 789 11 649 15 668 3 705
Other assets 1 502 1 117 1 433 2 289 320
Interest charges 1 152 283 429 609 143
Share dividend etc. 423 1 766 2 193 2 694 506
     
Gains/losses, value (re-)adjustments on financial assets 5 174 3 563 5 242 11 113 2 551
Gains (+)/losses (-) 1 499 2 730 4 040 6 694 2 322
Shares, participations and primary capital certificates 1 232 1 411 2 558 4 408 1 386
Bonds and certificates 1 131 944 6 396 2 252 200
Currency and financial derivatives -824 391 -4 897 51 726
Land and buildings -41 -16 -16 -17 10
Unrealized gains (+)/losses (-) 3 807 975 1 392 4 542 238
Shares, participations and primary capital certificates 3 307 2 613 2 358 4 001 1 936
Bonds and certificates 147 -485 88 368 -402
Currency and financial derivatives 353 -1 153 -1 054 -284 -1 295
Land and buildings . . . 456 .
Value re-adjustments (+)/adjustments (-) -132 -142 -190 -123 -10
     
Other operating income (+)/expenses (-) -389 -860 -1 204 -2 152 -330
Personnel costs 427 798 1 185 1 712 466
Commisions received (+)/submitted (-) -184 -357 -554 -907 -235
Operating income (+)/costs (-) from real property 652 1 263 1 906 2 616 739
Depreciations of non-financial assets 44 87 130 186 42
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -386 -882 -1 241 -1 963 -327
     
To/from revaluation reserve 2 725 69 80 3 488 -821
     
Profit/loss on ordinary activities 1 063 2 392 3 639 5 235 918
     
Extraordinary income (+)/charges (-) 69 25 25 25 .
     
Tax 116 199 281 36 11
     
Profit/loss 1 016 2 218 3 383 5 223 907
     
Spesifications   
Balance on the technical account for life insurance 1 115 2 505 3 799 5 465 949
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