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Life and non-life insurance companies, 1st quarter 2007
1 Life insurance companies. Profit and loss account. NOK Million
31.03.2006 30.06.2006* 30.09.2006* 31.12.2006* 31.03.2007*
Earned premiums, net of reinsurance 24 066 36 619 49 648 71 696 22 757
Gross premiums written 18 710 29 767 40 395 60 436 18 582
- Reinsurers share of gross premiums written -65 -128 -181 -621 -98
- Reinsurers share of investment income . . . . .
Transfer of premiumreserve from other companies 5 420 6 979 9 434 11 881 4 272
     
Claims incurred, net of reinsurance 12 944 24 434 35 611 47 101 20 765
Gross claim payment 8 151 18 428 26 213 35 911 16 570
Reinsurers share of gross claim payments -14 4 -14 -403 -11
Net change in the provision for outstanding claims 52 123 221 245 96
Transfer of premiumreserve etc. to other companies 4 754 5 879 9 191 11 347 4 110
     
Net change in technical provisions 19 622 24 558 32 373 56 017 10 036
Premiumreserve 13 107 17 013 21 632 33 990 6 170
Not allocated technical provisions 2 913 4 845 5 828 7 173 2 768
Other technical provisions 3 602 2 700 4 913 14 855 1 098
     
Investment income (+)/charges (-) 5 325 10 820 15 653 20 883 5 377
Interest income 4 627 9 016 13 503 18 331 5 062
Bonds and certificates 3 989 7 969 11 908 16 090 4 225
Other assets 638 1 048 1 595 2 241 837
Interest charges 62 354 670 1 069 443
Share dividend etc. 760 2 157 2 820 3 621 758
     
Gains/losses, value (re-)adjustments on financial assets 10 512 1 608 10 153 26 851 4 704
Gains (+)/losses (-) 1 989 6 350 11 454 13 536 4 005
Shares, participations and primary capital certificates 4 420 5 852 8 366 14 452 3 560
Bonds and certificates -78 -535 -651 -440 138
Currency and financial derivatives -2 365 1 008 3 651 -865 79
Land and buildings 11 25 88 388 229
Unrealized gains (+)/losses (-) 8 484 -4 698 -1 198 13 461 674
Shares, participations and primary capital certificates 7 799 -2 101 2 763 11 055 1 431
Bonds and certificates -1 737 -3 008 -1 572 -2 807 -216
Currency and financial derivatives 2 137 -467 -3 727 954 -1 210
Land and buildings 285 878 1 338 4 260 668
Value re-adjustments (+)/adjustments (-) 39 -44 -102 -145 25
     
Other operating income (+)/expenses (-) -502 -1 016 -1 405 -1 968 -137
Personnel costs 594 1 165 1 745 2 616 677
Commisions received (+)/submitted (-) -314 -611 -871 -1 251 -311
Operating income (+)/costs (-) from real property 774 1 547 2 361 3 214 866
Depreciations of non-financial assets 32 61 91 130 45
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . -5 .
Other operating income (+)/expenses (-) -336 -726 -1 058 -1 180 30
     
To/from revaluation reserve 5 265 -5 214 639 6 644 175
     
Profit/loss on ordinary activities 1 569 4 253 5 426 7 699 1 725
     
Extraordinary income (+)/charges (-) . . . . .
     
Tax -7 -56 -73 -870 -47
     
Profit/loss 1 575 4 309 5 499 8 569 1 772
     
Spesifications   
Balance on the technical account for life insurance 1 495 4 236 5 421 7 431 1 180
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