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Life and non-life insurance companies, 3rd quarter 2011
6 Non-life insurance companies. Profit and loss account (accumulated)1. NOK Million
30.09.2010 31.12.2010* 31.03.2011* 30.06.2011* 30.09.2011*
     
Earned premiums, net of reinsurance 37 559 51 220 12 955 26 108 39 406
Gross premiums written 44 872 57 735 20 785 35 209 46 855
- Reinsurers share of gross premiums written -4 421 -5 426 -2 116 -3 710 -4 416
Gross change in the provisions for unearned premiums -3 389 -1 193 -6 416 -6 469 -3 258
- Reinsurance share 498 103 702 1 077 226
     
Claims incurred and net change in technical provisions 27 838 37 277 10 375 19 484 28 891
Gross claim payment 27 962 39 202 10 154 20 143 28 909
Reinsurers share of gross claim payments -3 671 -5 317 -886 -2 221 -2 711
Gross change in the provision for outstanding claims 2 357 1 178 -1 611 1 411
Reinsurers share, gross change in the provision for outstanding claims 1 132 1 878 298 669 52
Bonuses and rebates 18 30 7 14 22
Net change in technical provisions 41 306 802 269 1 207
     
Other operating income /costs -8 298 -11 102 -2 751 -5 730 -7 857
Commisions received 8 12 13 27 8
Operating income real property 171 197 49 93 136
Other operating income 1 786 2 319 682 1 356 1 870
Personnel costs 3 694 5 062 1 350 2 682 4 026
Commisions submitted 1 612 2 180 502 1 132 1 498
Operating costs real property 47 34 8 16 24
Depreciations of non-financial assets 385 255 139 259 414
Other operating costs 4 526 6 098 1 496 3 118 3 910
     
Investment income /costs 3 333 4 559 1 281 3 318 4 260
Interest income 3 057 4 172 1 170 2 129 3 265
Share dividend etc. 347 513 137 1 237 1 084
Interest costs 72 125 26 48 90
     
Gains/losses, value (re-)adjustments on financial assets 1 804 3 191 -56 -326 -2 111
Net realized gains/losses 921 1 405 902 1 126 932
Net change in value 883 1 786 -958 -1 452 -3 044
     
Profit/loss on ordinary activities 6 561 10 591 1 054 3 886 4 807
     
Other result components -282 -342 -29 -14 -141
     
Tax 1 039 1 593 411 790 1 431
     
Profit/loss 5 240 8 656 614 3 082 3 235
     
Spesifications   
Balance on the technical account for non-life insurance 3 115 5 069 519 2 343 4 661

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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