Statistics Norway - home page

Life and non-life insurance companies, 2005
7 Non-life insurance companies. Profit and loss account1. NOK Million
1998 1999 2000 2001 2002 2003 2004 2005*
     
Earned premiums, net of reinsurance 21 483 23 627 25 961 29 612 32 739 36 432 38 039 40 333
Gross premiums written 26 832 29 612 33 225 38 196 42 596 45 752 47 804 48 053
- Reinsurers share of gross premiums written -4 656 -5 140 -6 112 -7 232 -8 752 -8 127 -8 892 -7 484
Gross change in the provisions for unearned premiums -587 -850 1 431 -498 -1 259 -1 165 -743 -294
- Reinsurers share of the gross change in the provision for outstanding claims -105 5 -2 583 -854 153 -28 -130 58
     
Claims incurred, net of reinsurance 17 336 21 293 23 211 26 137 25 620 27 278 25 610 27 382
Gross claim payment 21 670 26 204 27 781 30 649 28 712 30 314 27 739 26 707
Reinsurers share of gross claim payments -4 450 -5 366 -5 849 -6 700 -6 115 -6 151 -5 266 -4 368
Gross change in the provision for outstanding claims 994 1 765 1 495 3 376 1 301 -328 1 356 3 173
Reinsurers share of the gross change in the provision for outstanding claims -879 -1 310 -215 -1 188 1 722 3 443 1 782 1 870
     
Bonuses and rebates 34 182 333 45 48 10 29 57
     
Net change in technical provisions 460 763 -279 578 980 2 070 4 848 2 939
     
Other operating income (+)/expenses (-) -5 934 -6 902 -7 098 -7 387 -8 122 -9 008 -8 672 -9 403
Personnel costs 3 318 3 978 3 755 3 629 3 848 3 932 4 191 4 658
Commisions received (+)/submitted (-) -479 -451 -356 -811 -911 -1 370 -1 113 -1 195
Operating income (+)/costs (-) from real property 214 203 192 269 368 297 242 289
Depreciations of non-financial assets 267 342 349 655 604 688 564 696
Value adjustments (-)/re-adjustments (+) of non-financial assets . 0 . 0 0 -1 . .
Other operating income (+)/expenses (-) -2 085 -2 335 -2 830 -2 561 -3 128 -3 314 -3 046 -3 143
     
Investment income (+)/charges (-) 3 589 4 077 3 715 2 334 2 967 3 293 2 985 3 058
Interest income 3 031 3 036 3 467 3 081 3 093 3 228 3 148 3 314
Interest charges 143 119 169 194 582 612 501 673
Share dividend etc. 701 1 160 417 -553 455 677 338 417
     
Gains/losses, value (re-)adjustments on financial assets 370 5 053 243 -1 671 -3 371 4 813 691 4 357
Gains (+)/losses (-) 675 2 197 3 036 -102 -2 104 2 448 779 2 915
Unrealized gains (+)/losses (-) -294 3 048 -2 791 -1 560 -1 261 2 510 -80 1 461
Value re-adjustments (+)/adjustments (-) -11 -192 -1 -8 -6 -145 -8 -19
     
Profit/loss on ordinary activities 1 678 3 617 -445 -3 871 -2 436 6 172 2 556 7 968
     
Extraordinary income (+)/charges (-) 0 3 285 0 1 -1 98 1 -2
     
Tax 168 1 506 -89 -585 -457 1 050 -414 570
     
Profit/loss 1 509 5 397 -355 -3 285 -1 980 5 220 2 971 7 397
     
Applications and transfers 1 509 5 397 -355 -3 285 -1 980 5 220 2 953 7 262
Group contribution paid/received 1 232 863 1 305 978 306 712 -1 315 349
Dividends 187 738 3 787 36 2 092 586 553 1 158
Transfers from/to revaluation reserve . 25 -101 -57 -106 2 0 0
Other transfers 90 3 771 -5 346 -4 241 -4 272 3 921 3 715 5 755
     
Spesifications   
Balance on the technical account for non-life insurance 363 -2 636 -1 353 -1 390 1 249 735 987 3 124

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

,