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Life and non-life insurance companies, 2006
1 Life insurance companies. Profit and loss account1. NOK Million
1999 2000 2001 2002 2003 2004 2005 2006*
     
Earned premiums, net of reinsurance 30 847 35 953 42 902 47 428 49 841 61 886 67 725 71 676
Gross premiums written 26 986 29 103 36 356 39 214 43 847 53 997 60 718 60 476
- Reinsurers share of gross premiums written -932 -1 160 -1 703 -1 844 -1 335 -997 -441 -620
- Reinsurers share of investment income -692 -826 -226 -294 -782 -728 . .
Transfer of premiumreserve from other companies 5 485 8 836 8 476 10 351 8 110 9 614 7 448 11 821
     
Claims incurred, net of reinsurance 22 491 27 409 28 321 28 757 31 240 34 501 35 680 47 157
Gross claim payment 16 894 19 054 21 344 21 479 22 441 24 954 29 030 35 997
Reinsurers share of gross claim payments -712 -771 -884 -1 133 -732 -429 -386 -389
Net change in the provision for outstanding claims 216 214 180 290 290 228 129 253
Transfer of premiumreserve etc. to other companies 6 093 8 911 7 681 8 121 9 241 9 748 6 907 11 295
     
Net change in technical provisions 31 242 33 449 19 736 20 786 43 805 51 021 63 285 59 774
Premiumreserve 17 048 17 683 21 930 25 626 29 037 38 511 41 908 33 092
Other technical provisions to customers 7 798 7 876 816 55 4 846 6 782 8 776 10 761
Other technical provisions 6 396 7 891 -3 011 -4 896 9 922 5 728 12 601 15 921
     
Investment income (+)/charges (-) 13 563 14 238 17 009 19 148 20 397 20 020 19 311 20 892
Interest income 12 476 13 859 16 758 18 992 19 036 19 627 17 416 18 338
Bonds and certificates 10 274 10 599 12 499 14 459 16 510 15 668 15 356 16 090
Other assets 2 202 3 259 4 259 4 533 2 526 3 959 2 060 2 248
Interest charges 801 1 715 1 787 1 632 632 2 279 954 1 067
Share dividend etc. 1 889 2 094 2 038 1 788 1 993 2 672 2 850 3 621
     
Gains/losses, value (re-)adjustments on financial assets 32 872 -5 000 -18 326 -18 487 15 625 12 131 25 259 27 358
Gains (+)/losses (-) 9 447 14 889 -10 734 -13 024 4 568 8 099 10 712 13 027
Shares, participations and primary capital certificates 7 499 11 754 -17 614 -18 028 -546 5 034 9 739 14 637
Bonds and certificates -808 -1 594 1 444 738 4 051 2 277 737 -378
Currency and financial derivatives 2 752 4 551 5 355 4 127 888 794 -13 -1 620
Land and buildings 4 177 80 139 174 -6 249 388
Unrealized gains (+)/losses (-) 23 430 -19 892 -7 657 -5 475 11 241 4 155 14 654 14 476
Shares, participations and primary capital certificates 25 316 -23 714 -5 881 -7 186 9 814 4 084 14 348 11 367
Bonds and certificates -3 270 2 683 -3 061 974 1 633 86 125 -1 409 -2 439
Currency and financial derivatives 942 628 -116 552 -229 -87 043 -1 057 1 288
Land and buildings 442 511 1 400 185 23 989 2 771 4 260
Value re-adjustments (+)/adjustments (-) -5 3 65 12 -184 -123 -106 -145
     
Other operating income (+)/expenses (-) -1 320 -1 559 -184 -1 660 -1 544 -1 849 -1 807 -2 476
Personnel costs 1 421 1 440 1 599 1 571 1 662 1 713 2 347 2 683
Commisions received (+)/submitted (-) -516 -390 -402 -580 -693 -828 -1 120 -1 225
Operating income (+)/costs (-) from real property 1 785 2 156 2 403 2 614 2 644 2 624 2 986 3 223
Depreciations of non-financial assets 136 111 132 154 171 183 157 160
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . -8 . . . -5
Other operating income (+)/expenses (-) -1 032 -1 775 -455 -1 961 -1 661 -1 750 -1 167 -1 626
     
To/from revaluation reserve 21 202 -19 256 -6 637 -1 025 6 818 3 488 8 204 6 798
     
Profit/loss on ordinary activities 1 027 2 030 -20 -2 090 2 455 3 178 3 320 3 721
     
Extraordinary income (+)/charges (-) 1 719 . 6 . . 25 17 .
     
Tax 355 230 -244 -606 461 87 -522 -1 082
     
Profit/loss 2 391 1 800 231 -1 484 1 994 3 116 3 859 4 803
     
Applications and transfers 2 391 1 800 231 -1 484 1 994 3 115 3 859 4 803
Group contribution paid/received 978 8 -252 -1 208 -1 860 0 -1 430 -2 561
Dividends 158 1 038 252 874 3 433 986 926 5 902
Other transfers 1 254 754 231 -1 150 421 2 129 4 362 1 462
     
Spesifications   
Balance on the technical account for life insurance 1 069 2 491 390 -1 699 2 184 3 163 3 008 4 109

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

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