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

Life and non-life insurance companies, 2nd quarter 2010

1 Life insurance companies. Profit and loss account (accumulated)¹. NOK Million
	30.06.2009	30.09.2009*	31.12.2009*	31.03.2010*	30.06.2010*


Earned premiums, net of reinsurance	37 555	61 343	75 037	26 551	41 288
Gross premiums written	31 354	52 346	64 822	19 831	32 609
- Reinsurers share of gross premiums written	-217	-321	-1 055	-179	-270
Transfer of premium reserve from other companies	6 419	9 318	11 270	6 899	8 949

Claims incurred, net of reinsurance	23 941	35 008	45 816	14 293	25 670
Gross claim payment	18 203	26 950	35 984	9 739	19 266
Reinsurers share of gross claim payments	-98	-104	-616	-37	-65
Other provisions	255	346	701	94	307
Transfer of premiumreserve etc. to other companies	5 582	7 817	9 747	4 497	6 162

Net change in technical provisions	27 009	53 979	68 626	24 755	23 244
Premium reserve	20 695	37 989	45 981	16 618	22 448
Other technical provisions	2 209	4 313	11 958	1 232	156
To/from revaluation reserve	172	2 712	5 410	4 452	-1 929
Means allocated insurance contracts	3 933	8 965	5 277	2 453	2 568

Other operating income /costs	-2 580	-3 884	-5 304	-1 370	-2 696
Commisions received	87	132	197	24	53
Operating income, real property	202	295	390	97	197
Other operating income	433	667	940	237	461
Personell costs	1 511	2 273	3 086	718	1 371
Commision submitted	372	560	772	203	391
Operating costs, real property	18	31	45	10	20
Depreciations of non-financial assets	103	169	261	63	141
Other operating costs	1 298	1 945	2 666	733	1 484

Investment income and -costs	12 547	18 211	25 137	7 360	14 769
Interest income bonds and certificates	9 841	14 728	20 346	4 689	9 079
Interest income other assets	3 284	4 804	6 597	1 144	2 234
Share dividend etc.	1 908	1 548	2 124	2 062	4 435
Interest costs	2 486	2 869	3 930	535	980

Gains/losses, value (re-)adjustments on financial assets	5 163	16 898	23 970	7 702	-3 321
Realized gains/losses	1 831	3 558	6 077	1 481	578
Shares, participations and primary capital certificates	-4 128	-4 371	-5 097	1 262	3 776
Bonds and certificates	-135	-591	-500	196	1 422
Financial derivatives	6 225	9 312	11 927	471	-4 321
Land and buildings	168	172	121	27	41
Other realized gains/losses	-300	-965	-374	-476	-341
Net change in value	3 332	13 340	17 893	6 222	-3 898
Shares, participations and primary capital certificates	7 122	13 512	17 864	4 655	-4 190
Bonds and certificates	-4 512	-5 282	-5 125	693	2 055
Financial derivates	703	1 314	1 058	269	-1 931
Land and buildings	-813	994	355	-170	36
Other net changes in value	833	2 802	3 742	774	132

Profit/loss on ordinary activities	1 734	3 581	4 398	1 195	1 126

Other result components	6	-10	127	2	-13

Tax	623	818	19	34	147

Profit/loss	1 117	2 752	4 506	1 163	967

Spesifications
Balance on the technical account for life insurance	804	2 112	2 349	853	670
Value-adjusted profit/loss	5 797	15 097	21 202	7 956	1 456

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.