Life insurance companies. Profit and loss account (accumulated) . NOK Million

Life and non-life insurance companies, 1st quarter 2010

1 Life insurance companies. Profit and loss account (accumulated)¹. NOK Million
	31.03.2009	30.06.2009*	30.09.2009*	31.12.2009*	31.03.2010*


Earned premiums, net of reinsurance	24 520	37 555	61 343	75 031	26 551
Gross premiums written	19 702	31 354	52 346	64 817	19 831
- Reinsurers share of gross premiums written	-142	-217	-321	-1 055	-179
Transfer of premium reserve from other companies	4 960	6 419	9 318	11 270	6 899

Claims incurred, net of reinsurance	14 061	23 941	35 008	45 814	14 293
Gross claim payment	9 319	18 203	26 950	35 984	9 739
Reinsurers share of gross claim payments	-31	-98	-104	-618	-37
Other provisions	105	255	346	700	94
Transfer of premiumreserve etc. to other companies	4 668	5 582	7 817	9 747	4 497

Net change in technical provisions	12 567	27 009	53 979	68 620	24 755
Premium reserve	11 973	20 695	37 989	45 977	16 618
Other technical provisions	706	2 209	4 313	11 956	1 232
To/from revaluation reserve	-304	172	2 712	5 410	4 452
Means allocated insurance contracts	191	3 933	8 965	5 277	2 453

Other operating income /costs	-1 229	-2 580	-3 884	-5 304	-1 370
Commisions received	36	87	132	197	24
Operating income, real property	122	202	295	390	97
Other operating income	234	433	667	940	237
Personell costs	768	1 511	2 273	3 086	718
Commision submitted	187	372	560	772	203
Operating costs, real property	1	18	31	45	10
Depreciations of non-financial assets	51	103	169	261	63
Other operating costs	615	1 298	1 945	2 666	733

Investment income and -costs	6 224	12 547	18 211	25 137	7 360
Interest income bonds and certificates	4 994	9 841	14 728	20 346	4 689
Interest income other assets	1 756	3 284	4 804	6 597	1 193
Share dividend etc.	1 217	1 908	1 548	2 124	2 013
Interest costs	1 744	2 486	2 869	3 930	535

Gains/losses, value (re-)adjustments on financial assets	-4 498	5 163	16 898	23 970	7 702
Realized gains/losses	2 701	1 831	3 558	6 077	1 481
Shares, participations and primary capital certificates	-3 237	-4 128	-4 371	-5 097	1 262
Bonds and certificates	-774	-135	-591	-500	196
Financial derivatives	6 975	6 225	9 312	11 927	471
Land and buildings	136	168	172	121	27
Other realized gains/losses	-400	-300	-965	-374	-476
Net change in value	-7 199	3 332	13 340	17 893	6 222
Shares, participations and primary capital certificates	-4 540	7 122	13 512	17 864	4 655
Bonds and certificates	-3 449	-4 512	-5 282	-5 125	693
Financial derivates	1 342	703	1 314	1 058	269
Land and buildings	-463	-813	994	355	-170
Other net changes in value	-89	833	2 802	3 742	774

Profit/loss on ordinary activities	-1 611	1 734	3 581	4 401	1 195

Other result components	-13	-6	10	136	2

Tax	148	623	818	20	34

Profit/loss	-1 745	1 117	2 752	4 245	1 163

Spesifications
Balance on the technical account for life insurance	-1 841	804	2 112	2 352	853
Value-adjusted profit/loss	-1 431	5 797	15 097	21 205	7 956

¹From January 2008, new annual account regulation for insurance companies adapted to the new International FinancialReporting Standards (IFRS) was introduced. New regulation for life insurance was introduced at the same time. Bothchanges have had an impact on the content and presentation of the insurance statistics. The statistics from 2008 cannot be compared with those from previous years.