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Life and non-life insurance companies, 2009
1 Life insurance companies. Profit and loss account1. NOK Million
2005 2006 2007 2008 2009*
     
Earned premiums, net of reinsurance 67 725 71 676 79 105 79 552 74 964
Gross premiums written 60 718 60 476 68 503 68 168 64 922
- Reinsurers share of gross premiums written -441 -620 -439 -754 -1 061
Transfer of premium reserve from other companies 7 448 11 821 11 041 12 138 11 103
     
Claims incurred, net of reinsurance 35 680 47 157 70 193 64 557 45 635
Gross claim payment 29 030 35 997 57 642 54 458 35 799
Reinsurers share of gross claim payments -386 -389 -124 -307 -615
Other provisjons 129 253 458 839 703
Transfer of premiumreserve etc. to other companies 6 907 11 295 12 218 9 567 9 748
     
Net change in technical provisions 71 488 66 572 48 713 -10 982 69 741
Premium reserve 41 908 33 092 29 212 14 997 46 825
Other technical provisions 12 601 15 921 12 975 -11 198 11 982
To/from revaluation reserve 8 204 6 798 -7 200 -17 470 5 453
Means allocated insurance contracts 8 776 10 761 13 726 2 689 5 480
     
Other operating income/expenses -1 784 -2 476 -3 202 -3 834 -5 524
Commisions received 100 183 260 170 -24
Operating income, real property 3 370 3 639 3 815 2 806 390
Other operating income 1 271 719 817 1 040 980
Personnell costs 2 347 2 683 3 334 3 016 3 090
Commisions submitted 1 220 1 408 1 332 844 762
Operating costs, real property 385 416 391 350 45
Depreciations of non-financial assets 157 160 191 625 291
Other operating costs 2 415 2 350 2 846 3 016 2 681
     
Investment income/charges 19 311 20 892 23 873 26 456 25 330
Interest income bonds and certificates 15 356 16 090 16 391 14 355 20 384
Interest income other assets 2 060 2 248 3 784 9 871 6 600
Share dividend etc. 2 850 3 621 5 433 3 707 2 046
Interest costs 954 1 067 1 735 1 477 3 700
     
Gains/losses, value (re-)adjustments on financial assets 25 236 27 358 24 168 -50 632 24 742
Realized gains/losses 10 689 13 960 20 429 -13 318 5 973
Shares, participations and primary capital certificates 9 739 15 558 15 209 -14 217 -5 228
Bonds and certificates 737 -378 -884 261 -472
Financial derivatives -943 -1 236 2 955 -14 11 927
Land and buildings 249 395 666 -22 121
Other realized gains/losses 907 -379 2 483 674 -375
Net change in value 14 548 13 398 3 739 -37 315 18 769
Shares, participations and primary capital certificates 15 275 12 341 -628 -36 398 18 672
Bonds and certificates -1 409 -2 439 -1 141 11 026 -5 092
Financial derivatives -544 1 047 836 -3 721 1 071
Land and buildings 1 842 2 359 8 215 -2 091 359
Other net change in value -617 91 -3 543 -6 130 3 760
     
Profit/loss on ordinary activities 3 320 3 721 5 037 -2 033 4 136
     
Other result components 17 . 4 243 -76
     
Tax -522 -1 082 -2 284 539 10
     
Profit/loss 3 859 4 803 7 326 -2 330 4 050
     
Spesifications   
Balance on the technical account for life insurance 31 797 24 823 9 078 5 430 2 098
Value-adjusted profit/loss 24 634 26 572 15 701 -26 699 21 227

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.

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