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Life and non-life insurance companies, 1st quarter 2007
7 Non-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 10 412 21 291 31 441 41 102 11 140
Gross premiums written 18 101 30 083 39 540 49 895 18 763
- Reinsurers share of gross premiums written -2 858 -4 172 -5 703 -7 966 -2 584
Gross change in the provisions for unearned premiums -5 934 -5 607 -2 890 -798 -6 080
- Reinsurers share of the gross change in the provision for outstanding claims 1 103 987 494 -30 1 040
     
Claims incurred, net of reinsurance 7 190 14 203 22 187 28 023 8 316
Gross claim payment 6 963 13 880 20 281 28 444 7 873
Reinsurers share of gross claim payments 1 929 1 275 262 -1 235 -862
Gross change in the provision for outstanding claims -1 144 -486 3 934 1 590 1 579
Reinsurers share of the gross change in the provision for outstanding claims -559 -466 -2 291 -776 -273
     
Bonuses and rebates -10 6 13 38 0
     
Net change in technical provisions 817 1 564 651 493 803
     
Other operating income (+)/expenses (-) -2 462 -4 857 -7 001 -10 093 -2 408
Personnel costs 1 157 2 304 3 387 4 721 1 232
Commisions received (+)/submitted (-) -441 -880 -1 289 -1 761 -414
Operating income (+)/costs (-) from real property 50 105 156 201 51
Depreciations of non-financial assets 122 245 368 511 128
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -792 -1 533 -2 113 -3 301 -685
     
Investment income (+)/charges (-) 1 052 2 121 2 922 3 562 952
Interest income 1 028 1 883 2 730 3 436 974
Interest charges 178 256 405 429 98
Share dividend etc. 202 493 597 556 76
     
Gains/losses, value (re-)adjustments on financial assets 816 250 991 3 230 741
Gains (+)/losses (-) 655 1 592 1 480 386 587
Unrealized gains (+)/losses (-) 162 -1 342 -488 2 845 154
Value re-adjustments (+)/adjustments (-) 0 0 -1 -1 0
     
Profit/loss on ordinary activities 1 822 3 032 5 502 9 247 1 306
     
Extraordinary income (+)/charges (-) -12 6 -1 -18 -1
     
Tax -69 175 377 1 160 213
     
Profit/loss 1 879 2 863 5 124 8 069 1 092
     
Spesifications   
Balance on the technical account for non-life insurance 817 2 364 4 258 6 461 726
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