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Life and non-life insurance companies, 2nd quarter 2007
7 Non-life insurance companies. Profit and loss account. NOK Million
30.06.2006 30.09.2006* 31.12.2006* 31.03.2007* 30.06.2007*
     
Earned premiums, net of reinsurance 21 291 31 441 41 101 11 140 22 157
Gross premiums written 30 083 39 540 49 891 18 763 31 678
- Reinsurers share of gross premiums written -4 172 -5 703 -7 963 -2 584 -4 213
Gross change in the provisions for unearned premiums -5 607 -2 890 -798 -6 080 -6 523
- Reinsurers share of the gross change in the provision for outstanding claims 987 494 -30 1 040 1 215
     
Claims incurred, net of reinsurance 14 203 22 187 28 023 8 316 16 076
Gross claim payment 13 880 20 281 28 444 7 873 15 633
Reinsurers share of gross claim payments 1 275 262 -1 235 -862 -2 164
Gross change in the provision for outstanding claims -486 3 934 1 590 1 579 3 510
Reinsurers share of the gross change in the provision for outstanding claims -466 -2 291 -776 -273 -903
     
Bonuses and rebates 6 13 38 0 2
     
Net change in technical provisions 1 564 651 493 803 2 121
     
Other operating income (+)/expenses (-) -4 857 -7 001 -10 089 -2 409 -4 892
Personnel costs 2 304 3 387 4 721 1 233 2 395
Commisions received (+)/submitted (-) -880 -1 289 -1 757 -414 -900
Operating income (+)/costs (-) from real property 105 156 201 51 117
Depreciations of non-financial assets 245 368 511 128 257
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . .
Other operating income (+)/expenses (-) -1 533 -2 113 -3 301 -685 -1 456
     
Investment income (+)/charges (-) 2 121 2 922 3 562 952 2 064
Interest income 1 883 2 730 3 436 974 2 021
Interest charges 256 405 429 98 222
Share dividend etc. 493 597 556 76 265
     
Gains/losses, value (re-)adjustments on financial assets 250 991 3 230 741 1 922
Gains (+)/losses (-) 1 592 1 480 386 587 1 820
Unrealized gains (+)/losses (-) -1 342 -488 2 845 154 103
Value re-adjustments (+)/adjustments (-) 0 -1 -1 0 0
     
Profit/loss on ordinary activities 3 032 5 502 9 249 1 305 3 052
     
Extraordinary income (+)/charges (-) 6 -1 -18 -1 -2
     
Tax 175 377 1 160 213 430
     
Profit/loss 2 863 5 124 8 071 1 091 2 620
     
Spesifications   
Balance on the technical account for non-life insurance 2 364 4 258 6 463 725 1 352
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