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Life and non-life insurance companies, 2005
1 Life insurance companies. Profit and loss account1. NOK Million
1998 1999 2000 2001 2002 2003 2004 2005*
     
Earned premiums, net of reinsurance 31 176 30 847 35 953 42 902 47 428 49 841 61 886 67 725
Gross premiums written 26 526 26 986 29 103 36 356 39 214 43 847 53 997 60 718
- Reinsurers share of gross premiums written -862 -932 -1 160 -1 703 -1 844 -1 335 -997 -441
- Reinsurers share of investment income -461 -692 -826 -226 -294 -782 -728 .
Transfer of premiumreserve from other companies 5 973 5 485 8 836 8 476 10 351 8 110 9 614 7 448
     
Claims incurred, net of reinsurance 23 909 22 491 27 409 28 321 28 757 31 240 34 501 35 680
Gross claim payment 18 237 16 894 19 054 21 344 21 479 22 441 24 954 29 030
Reinsurers share of gross claim payments -597 -712 -771 -884 -1 133 -732 -429 -386
Net change in the provision for outstanding claims 634 216 214 180 290 290 228 129
Transfer of premiumreserve etc. to other companies 5 634 6 093 8 911 7 681 8 121 9 241 9 748 6 907
     
Net change in technical provisions 21 074 31 242 33 449 19 736 20 786 43 805 51 021 63 285
Premiumreserve 17 976 17 048 17 683 21 930 25 626 29 037 38 511 41 908
Other technical provisions to customers 2 359 7 798 7 876 816 55 4 846 6 782 8 776
Other technical provisions 739 6 396 7 891 -3 011 -4 896 9 922 5 728 12 601
     
Investment income (+)/charges (-) 13 746 13 563 14 238 17 009 19 148 20 397 20 020 19 317
Interest income 12 514 12 476 13 859 16 758 18 992 19 036 19 627 17 416
Bonds and certificates 10 043 10 274 10 599 12 499 14 459 16 510 15 668 15 356
Other assets 2 471 2 202 3 259 4 259 4 533 2 526 3 959 2 060
Interest charges 474 801 1 715 1 787 1 632 632 2 279 954
Share dividend etc. 1 706 1 889 2 094 2 038 1 788 1 993 2 672 2 856
     
Gains/losses, value (re-)adjustments on financial assets 2 671 32 872 -5 000 -18 326 -18 487 15 625 12 131 25 177
Gains (+)/losses (-) 2 724 9 447 14 889 -10 734 -13 024 4 568 8 099 10 712
Shares, participations and primary capital certificates 2 288 7 499 11 754 -17 614 -18 028 -546 5 034 9 739
Bonds and certificates 771 -808 -1 594 1 444 738 4 051 2 277 737
Currency and financial derivatives -435 2 752 4 551 5 355 4 127 888 794 -13
Land and buildings 100 4 177 80 139 174 -6 249
Unrealized gains (+)/losses (-) -42 23 430 -19 892 -7 657 -5 475 11 241 4 155 14 572
Shares, participations and primary capital certificates -34 25 316 -23 714 -5 881 -7 186 9 814 4 084 14 348
Bonds and certificates -6 -3 270 2 683 -3 061 974 1 633 86 125 -1 409
Currency and financial derivatives -2 942 628 -116 552 -229 -87 043 -1 057
Land and buildings . 442 511 1 400 185 23 989 2 690
Value re-adjustments (+)/adjustments (-) -11 -5 3 65 12 -184 -123 -106
     
Other operating income (+)/expenses (-) -1 967 -1 320 -1 559 -184 -1 660 -1 544 -1 849 -1 686
Personnel costs 1 362 1 421 1 440 1 599 1 571 1 662 1 713 2 347
Commisions received (+)/submitted (-) -502 -516 -390 -402 -580 -693 -828 -1 120
Operating income (+)/costs (-) from real property 1 594 1 785 2 156 2 403 2 614 2 644 2 624 2 986
Depreciations of non-financial assets 84 136 111 132 154 171 183 157
Value adjustments (-)/re-adjustments (+) of non-financial assets -1 . . . -8 . . 120
Other operating income (+)/expenses (-) -1 612 -1 032 -1 775 -455 -1 961 -1 661 -1 750 -1 167
     
To/from revaluation reserve . 21 202 -19 256 -6 637 -1 025 6 818 3 488 8 204
     
Profit/loss on ordinary activities 642 1 027 2 030 -20 -2 090 2 455 3 178 3 364
     
Extraordinary income (+)/charges (-) . 1 719 . 6 . . 25 17
     
Tax 20 355 230 -244 -606 461 87 -522
     
Profit/loss 622 2 391 1 800 231 -1 484 1 994 3 116 3 903
     
Applications and transfers 622 2 391 1 800 231 -1 484 1 994 3 115 3 859
Group contribution paid/received -4 978 8 -252 -1 208 -1 860 0 -1 386
Dividends 431 158 1 038 252 874 3 433 986 926
Other transfers 194 1 254 754 231 -1 150 421 2 129 4 318
     
Spesifications   
Balance on the technical account for life insurance 887 1 069 2 491 388 -1 699 2 184 3 163 3 014

1New accounts reporting from 1997 makes it possible to offer a higher level of specification degree than earlier.

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