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Life and non-life insurance companies, 2005
8 Non-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 9 560 19 706 28 545 38 230 10 421
Gross premiums written 17 529 29 462 37 839 47 294 17 494
- Reinsurers share of gross premiums written -2 939 -4 938 -6 488 -8 136 -2 200
Gross change in the provisions for unearned premiums -6 206 -5 671 -3 200 -829 -5 757
- Reinsurers share of the gross change in the provision for outstanding claims 1 177 853 394 -98 884
     
Claims incurred, net of reinsurance 6 560 12 939 18 771 25 362 6 741
Gross claim payment 7 099 14 012 19 837 26 920 6 956
Reinsurers share of gross claim payments -990 -2 328 -3 616 -4 894 -1 027
Gross change in the provision for outstanding claims 490 1 074 2 534 2 401 744
Reinsurers share of the gross change in the provision for outstanding claims -39 181 17 936 68
     
Bonuses and rebates 3 1 8 14 4
     
Net change in technical provisions 1 061 2 180 2 021 5 130 784
     
Other operating income (+)/expenses (-) -2 156 -4 203 -6 201 -8 543 -2 235
Personnel costs 1 057 2 040 3 091 4 333 1 059
Commisions received (+)/submitted (-) -303 -573 -812 -1 121 -407
Operating income (+)/costs (-) from real property 55 114 156 210 46
Depreciations of non-financial assets 127 254 377 555 125
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -725 -1 450 -2 077 -2 745 -690
     
Investment income (+)/charges (-) 708 1 450 2 121 2 875 566
Interest income 908 1 598 2 308 3 058 605
Interest charges 259 312 398 512 80
Share dividend etc. 60 163 210 329 41
     
Gains/losses, value (re-)adjustments on financial assets 653 266 364 778 1 603
Gains (+)/losses (-) 364 528 650 1 006 1 687
Unrealized gains (+)/losses (-) 290 -257 -281 -227 -84
Value re-adjustments (+)/adjustments (-) -1 -4 -5 -1 0
     
Profit/loss on ordinary activities 1 142 2 098 4 029 2 835 2 825
     
Extraordinary income (+)/charges (-) 0 0 0 0 0
     
Tax 63 -34 269 -96 239
     
Profit/loss 1 079 2 132 3 759 2 930 2 587
     
Spesifications   
Balance on the technical account for non-life insurance 358 1 647 3 333 1 427 1 247
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