Statistics Norway - home page

Life and non-life insurance companies, 2007
1 Life insurance companies. Profit and loss account1. NOK Million
2000 2001 2002 2003 2004 2005 2006 2007*
     
Earned premiums, net of reinsurance 35 953 42 902 47 428 49 841 61 886 67 725 71 676 79 105
Gross premiums written 29 103 36 356 39 214 43 847 53 997 60 718 60 476 68 503
- Reinsurers share of gross premiums written -1 160 -1 703 -1 844 -1 335 -997 -441 -620 -439
- Reinsurers share of investment income -826 -226 -294 -782 -728 . . .
Transfer of premiumreserve from other companies 8 836 8 476 10 351 8 110 9 614 7 448 11 821 11 041
     
Claims incurred, net of reinsurance 27 409 28 321 28 757 31 240 34 501 35 680 47 157 70 193
Gross claim payment 19 054 21 344 21 479 22 441 24 954 29 030 35 997 57 642
Reinsurers share of gross claim payments -771 -884 -1 133 -732 -429 -386 -389 -124
Net change in the provision for outstanding claims 214 180 290 290 228 129 253 458
Transfer of premiumreserve etc. to other companies 8 911 7 681 8 121 9 241 9 748 6 907 11 295 12 218
     
Net change in technical provisions 33 449 19 736 20 786 43 805 51 021 63 285 59 774 55 913
Premiumreserve 17 683 21 930 25 626 29 037 38 511 41 908 33 092 29 212
Other technical provisions to customers 7 876 816 55 4 846 6 782 8 776 10 761 13 726
Other technical provisions 7 891 -3 011 -4 896 9 922 5 728 12 601 15 921 12 975
     
Investment income (+)/charges (-) 14 238 17 009 19 148 20 397 20 020 19 311 20 892 23 873
Interest income 13 859 16 758 18 992 19 036 19 627 17 416 18 338 20 175
Bonds and certificates 10 599 12 499 14 459 16 510 15 668 15 356 16 090 16 391
Other assets 3 259 4 259 4 533 2 526 3 959 2 060 2 248 3 784
Interest charges 1 715 1 787 1 632 632 2 279 954 1 067 1 735
Share dividend etc. 2 094 2 038 1 788 1 993 2 672 2 850 3 621 5 433
     
Gains/losses, value (re-)adjustments on financial assets -5 000 -18 326 -18 487 15 625 12 131 25 259 27 358 24 180
Gains (+)/losses (-) 14 889 -10 734 -13 024 4 568 8 099 10 712 13 955 20 374
Shares, participations and primary capital certificates 11 754 -17 614 -18 028 -546 5 034 9 739 15 558 15 209
Bonds and certificates -1 594 1 444 738 4 051 2 277 737 -378 -884
Currency and financial derivatives 4 551 5 355 4 127 888 794 -13 -1 620 5 383
Land and buildings 177 80 139 174 -6 249 395 666
Unrealized gains (+)/losses (-) -19 892 -7 657 -5 475 11 241 4 155 14 654 13 548 3 683
Shares, participations and primary capital certificates -23 714 -5 881 -7 186 9 814 4 084 14 348 11 367 -4 020
Bonds and certificates 2 683 -3 061 974 1 633 86 125 -1 409 -2 439 -1 141
Currency and financial derivatives 628 -116 552 -229 -87 043 -1 057 1 288 -2 763
Land and buildings 511 1 400 185 23 989 2 771 3 332 11 607
Value re-adjustments (+)/adjustments (-) 3 65 12 -184 -123 -106 -145 123
     
Other operating income (+)/expenses (-) -1 559 -184 -1 660 -1 544 -1 849 -1 807 -2 476 -3 214
Personnel costs 1 440 1 599 1 571 1 662 1 713 2 347 2 683 3 334
Commisions received (+)/submitted (-) -390 -402 -580 -693 -828 -1 120 -1 225 -1 072
Operating income (+)/costs (-) from real property 2 156 2 403 2 614 2 644 2 624 2 986 3 223 3 424
Depreciations of non-financial assets 111 132 154 171 183 157 160 191
Value adjustments (-)/re-adjustments (+) of non-financial assets . . -8 . . . -5 -67
Other operating income (+)/expenses (-) -1 775 -455 -1 961 -1 661 -1 750 -1 167 -1 626 -1 974
     
To/from revaluation reserve -19 256 -6 637 -1 025 6 818 3 488 8 204 6 798 -7 200
     
Profit/loss on ordinary activities 2 030 -20 -2 090 2 455 3 178 3 320 3 721 5 037
     
Extraordinary income (+)/charges (-) . 6 . . 25 17 . 4
     
Tax 230 -244 -606 461 87 -522 -1 082 -2 284
     
Profit/loss 1 800 231 -1 484 1 994 3 116 3 859 4 803 7 326
     
Applications and transfers 1 800 231 -1 484 1 994 3 115 3 859 4 803 7 326
Group contribution paid/received 8 -252 -1 208 -1 860 0 -1 430 -2 561 -4 267
Dividends 1 038 252 874 3 433 986 926 5 902 8 324
Other transfers 754 231 -1 150 421 2 129 4 362 1 462 3 269
     
Spesifications   
Balance on the technical account for life insurance 2 491 390 -1 699 2 184 3 163 3 008 4 109 5 563

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

,