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

Life and non-life insurance companies, 4th quarter 2010

1 Life insurance companies. Profit and loss account (accumulated)¹. NOK Million
	31.12.2009	31.03.2010*	30.06.2010*	30.09.2010*	31.12.2010*


Earned premiums, net of reinsurance	74 964	26 551	41 288	65 307	80 108
Gross premiums written	64 922	19 831	32 609	54 080	66 571
- Reinsurers share of gross premiums written	-1 061	-179	-270	-394	-861
Transfer of premium reserve from other companies	11 103	6 899	8 949	11 621	14 398

Claims incurred, net of reinsurance	45 635	14 293	25 670	37 733	50 937
Gross claim payment	35 799	9 739	19 266	29 187	40 836
Reinsurers share of gross claim payments	-615	-37	-65	-101	-381
Other provisions	703	94	307	527	549
Transfer of premiumreserve etc. to other companies	9 748	4 497	6 162	8 120	9 933

Net change in technical provisions	69 741	24 755	23 244	53 281	72 830
Premium reserve	46 825	16 618	22 448	40 665	50 339
Other technical provisions	11 982	1 232	156	222	3 980
To/from revaluation reserve	5 453	4 452	-1 929	5 495	10 706
Means allocated insurance contracts	5 480	2 453	2 568	6 899	7 805

Other operating income /costs	-5 524	-1 433	-2 822	-4 121	-5 705
Commisions received	-24	24	53	90	143
Operating income, real property	390	34	71	115	142
Other operating income	980	237	461	722	984
Personell costs	3 090	718	1 371	2 063	2 778
Commision submitted	762	203	391	585	799
Operating costs, real property	45	10	20	30	12
Depreciations of non-financial assets	291	63	141	230	371
Other operating costs	2 681	733	1 484	2 139	3 015

Investment income and -costs	25 330	7 423	14 895	23 434	31 149
Interest income bonds and certificates	20 384	4 689	9 079	14 465	19 020
Interest income other assets	6 600	1 144	2 234	3 420	4 467
Share dividend etc.	2 046	2 124	4 562	7 010	8 953
Interest costs	3 700	535	980	1 461	1 290

Gains/losses, value (re-)adjustments on financial assets	24 742	7 702	-3 321	9 679	23 011
Realized gains/losses	5 973	1 481	578	1 899	6 321
Shares, participations and primary capital certificates	-5 228	1 277	3 867	2 590	5 576
Bonds and certificates	-472	180	1 331	1 322	959
Financial derivatives	11 927	471	-4 321	-1 419	162
Land and buildings	121	27	41	43	-33
Other realized gains/losses	-375	-476	-341	-637	-344
Net change in value	18 769	6 222	-3 898	7 780	16 691
Shares, participations and primary capital certificates	18 672	4 624	-4 214	4 085	13 438
Bonds and certificates	-5 092	724	2 078	1 658	-907
Financial derivates	1 071	269	-1 931	1 183	1 918
Land and buildings	359	-170	36	25	59
Other net changes in value	3 760	774	132	827	2 182

Profit/loss on ordinary activities	4 136	1 195	1 126	3 285	4 797

Other result components	76	2	-13	-6	-207

Tax	10	34	147	89	-747

Profit/loss	4 203	1 163	967	3 190	5 338

Spesifications
Balance on the technical account for life insurance	7 795	853	670	2 137	3 035
Value-adjusted profit/loss	21 227	7 956	1 456	15 273	26 608

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.