Statistics Norway - home page

Life and non-life insurance companies, 2007
1 Life insurance companies. Profit and loss account. NOK Million
30.09.2006 31.12.2006* 31.03.2007* 30.06.2007* 30.09.2007*
Earned premiums, net of reinsurance 49 648 71 696 22 027 37 448 61 907
Gross premiums written 40 395 60 436 18 021 31 193 53 402
- Reinsurers share of gross premiums written -181 -621 -97 -143 -197
- Reinsurers share of investment income . . . . .
Transfer of premiumreserve from other companies 9 434 11 881 4 103 6 398 8 703
     
Claims incurred, net of reinsurance 35 611 47 101 20 025 39 272 54 504
Gross claim payment 26 213 35 911 15 875 32 585 45 489
Reinsurers share of gross claim payments -14 -403 3 -21 -42
Net change in the provision for outstanding claims 221 245 86 190 296
Transfer of premiumreserve etc. to other companies 9 191 11 347 4 061 6 517 8 760
     
Net change in technical provisions 32 373 56 017 9 072 18 185 39 643
Premiumreserve 21 632 33 990 5 689 6 103 21 435
Not allocated technical provisions 5 828 7 173 2 768 9 914 16 610
Other technical provisions 4 913 14 855 615 2 168 1 598
     
Investment income (+)/charges (-) 15 653 20 883 5 360 11 850 17 973
Interest income 13 503 18 331 5 052 9 678 14 632
Bonds and certificates 11 908 16 090 4 225 8 042 12 025
Other assets 1 595 2 241 827 1 636 2 607
Interest charges 670 1 069 442 790 1 186
Share dividend etc. 2 820 3 621 751 2 962 4 527
     
Gains/losses, value (re-)adjustments on financial assets 10 153 26 851 4 158 18 706 21 528
Gains (+)/losses (-) 11 454 13 536 3 459 10 245 11 815
Shares, participations and primary capital certificates 8 366 14 452 3 014 9 491 10 582
Bonds and certificates -651 -440 138 207 178
Currency and financial derivatives 3 651 -865 79 -126 299
Land and buildings 88 388 229 672 756
Unrealized gains (+)/losses (-) -1 198 13 461 674 8 287 9 456
Shares, participations and primary capital certificates 2 763 11 055 1 431 7 853 809
Bonds and certificates -1 572 -2 807 -216 -1 613 -1 049
Currency and financial derivatives -3 727 954 -1 210 -1 087 -220
Land and buildings 1 338 4 260 668 3 134 9 916
Value re-adjustments (+)/adjustments (-) -102 -145 25 175 257
     
Other operating income (+)/expenses (-) -1 405 -1 968 -563 -1 066 -1 566
Personnel costs 1 745 2 616 660 1 292 2 029
Commisions received (+)/submitted (-) -871 -1 251 -267 -520 -763
Operating income (+)/costs (-) from real property 2 361 3 214 866 1 721 2 621
Depreciations of non-financial assets 91 130 36 85 125
Value adjustments (-)/re-adjustments (+) of non-financial assets . -5 . . .
Other operating income (+)/expenses (-) -1 058 -1 180 -467 -890 -1 269
     
To/from revaluation reserve 639 6 644 175 3 131 -2 674
     
Profit/loss on ordinary activities 5 426 7 699 1 710 6 350 8 370
     
Extraordinary income (+)/charges (-) . . . . .
     
Tax -73 -870 -46 -498 -708
     
Profit/loss 5 499 8 569 1 756 6 848 9 078
     
Spesifications   
Balance on the technical account for life insurance 5 421 7 431 1 708 6 230 8 311
,