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Life and non-life insurance companies, 2005
1 Life insurance companies. Profit and loss account. NOK Million
30.06.2004 30.09.2004* 31.12.2004* 31.03.2005* 30.06.2005*
Earned premiums, net of reinsurance 29 808 45 020 61 790 20 689 34 467
Gross premiums written 24 389 38 844 53 878 17 303 29 285
- Reinsurers share of gross premiums written -446 -1 217 -1 020 -141 -199
- Reinsurers share of investment income -364 -609 -712 . .
Transfer of premiumreserve from other companies 6 228 8 003 9 644 3 528 5 382
     
Claims incurred, net of reinsurance 18 189 25 783 34 351 9 565 17 827
Gross claim payment 11 969 18 111 24 705 6 566 13 488
Reinsurers share of gross claim payments -382 -608 -436 -51 -102
Net change in the provision for outstanding claims 143 243 226 39 55
Transfer of premiumreserve etc. to other companies 6 458 8 038 9 855 3 012 4 386
     
Net change in technical provisions 22 249 34 403 47 720 17 635 29 005
Premiumreserve 16 136 26 805 38 322 13 794 22 111
Not allocated technical provisions 3 848 4 530 4 156 2 515 4 314
Other technical provisions 2 265 3 068 5 241 1 326 2 580
     
Investment income (+)/charges (-) 10 389 14 847 20 041 4 387 9 919
Interest income 8 906 13 082 17 957 4 025 8 326
Bonds and certificates 7 789 11 649 15 668 3 705 7 593
Other assets 1 117 1 433 2 289 320 732
Interest charges 283 429 609 143 212
Share dividend etc. 1 766 2 193 2 694 506 1 805
     
Gains/losses, value (re-)adjustments on financial assets 3 563 5 242 11 113 2 551 7 331
Gains (+)/losses (-) 2 730 4 040 6 694 2 322 3 310
Shares, participations and primary capital certificates 1 411 2 558 4 408 1 386 2 448
Bonds and certificates 944 6 396 2 252 200 502
Currency and financial derivatives 391 -4 897 51 726 344
Land and buildings -16 -16 -17 10 16
Unrealized gains (+)/losses (-) 975 1 392 4 542 238 4 062
Shares, participations and primary capital certificates 2 613 2 358 4 001 1 936 4 407
Bonds and certificates -485 88 368 -402 1 059
Currency and financial derivatives -1 153 -1 054 -284 -1 295 -1 405
Land and buildings . . 456 . .
Value re-adjustments (+)/adjustments (-) -142 -190 -123 -10 -41
     
Other operating income (+)/expenses (-) -860 -1 204 -2 152 -330 -548
Personnel costs 798 1 185 1 712 466 942
Commisions received (+)/submitted (-) -357 -554 -907 -235 -521
Operating income (+)/costs (-) from real property 1 263 1 906 2 616 739 1 484
Depreciations of non-financial assets 87 130 186 42 76
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -882 -1 241 -1 963 -327 -493
     
To/from revaluation reserve 69 80 3 488 -821 2 356
     
Profit/loss on ordinary activities 2 392 3 639 5 235 918 1 981
     
Extraordinary income (+)/charges (-) 25 25 25 . .
     
Tax 199 281 36 11 18
     
Profit/loss 2 218 3 383 5 223 907 1 962
     
Spesifications   
Balance on the technical account for life insurance 2 505 3 799 5 465 949 1 868
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