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Life and non-life insurance companies, 1st quarter 2009
7 Non-life insurance companies. Profit and loss account. NOK Million
31.03.2008 30.06.2008* 30.09.2008* 31.12.2008* 31.03.2009*
     
Earned premiums, net of reinsurance 12 039 24 860 35 776 47 849 12 518
Gross premiums written 19 057 34 270 43 500 54 815 20 191
- Reinsurers share of gross premiums written -1 876 -4 056 -5 240 -6 611 -1 950
Gross change in the provisions for unearned premiums -5 779 -6 443 -3 287 -725 -6 323
- Reinsurers share of the gross change in the provision for outstanding claims 636 1 090 802 370 601
     
Claims incurred, net of reinsurance 8 364 16 669 24 712 34 077 8 742
Gross claim payment 8 649 17 756 25 471 34 992 9 386
Reinsurers share of gross claim payments -1 111 -2 333 -3 393 -3 868 -962
Gross change in the provision for outstanding claims 424 769 2 032 4 094 319
Reinsurers share of the gross change in the provision for outstanding claims 403 479 602 -1 141 -1
     
Bonuses and rebates 3 10 6 12 -2
     
Net change in technical provisions 559 1 946 1 419 535 1 222
     
Other operating income (+)/expenses (-) -2 615 -5 168 -7 646 -10 799 -2 533
Personnel costs 1 226 2 446 3 677 4 981 1 319
Commisions received (+)/submitted (-) -457 -889 -1 296 -1 790 -467
Operating income (+)/costs (-) from real property 53 83 131 207 40
Depreciations of non-financial assets 152 298 441 547 128
Value adjustments (-)/re-adjustments (+) of non-financial assets -51 -43 -6 -97 205
Other operating income (+)/expenses (-) -782 -1 574 -2 357 -3 592 -864
     
Investment income (+)/charges (-) 1 087 2 600 4 562 6 282 1 183
Interest income 938 2 440 3 735 5 396 1 180
Interest charges 134 217 326 413 46
Share dividend etc. 284 377 1 153 1 299 49
     
Gains/losses, value (re-)adjustments on financial assets -2 170 -2 783 -4 801 -6 550 -882
Gains (+)/losses (-) 1 106 716 393 -1 232 -264
Net change in value 1 -3 275 -3 499 -5 194 -5 317 -618
Value re-adjustments (+)/adjustments (-) . . . . .
     
Profit/loss on ordinary activities -586 884 1 754 2 158 324
     
Extraordinary income (+)/charges (-) -144 -1 37 202 0
     
Tax -375 -150 297 791 285
     
Profit/loss -67 1 035 1 419 1 165 39
     
Spesifications   
Balance on the technical account for non-life insurance 1 552 3 482 5 705 7 057 862

1Before 2008 the variable was called Unrealized gains (+)/losses (-)

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