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Life and non-life insurance companies, 2010
1 Life insurance companies. Profit and loss account1. NOK Million
2006 2007 2008 2009 2010*
     
Earned premiums, net of reinsurance 71 676 79 105 79 552 74 964 80 009
Gross premiums written 60 476 68 503 68 168 64 922 66 489
- Reinsurers share of gross premiums written -620 -439 -754 -1 061 -887
Transfer of premium reserve from other companies 11 821 11 041 12 138 11 103 14 407
     
Claims incurred, net of reinsurance 47 157 70 193 64 557 45 635 51 707
Gross claim payment 35 997 57 642 54 458 35 799 40 906
Reinsurers share of gross claim payments -389 -124 -307 -615 -340
Other provisjons 253 458 839 703 428
Transfer of premiumreserve etc. to other companies 11 295 12 218 9 567 9 748 10 713
     
Net change in technical provisions 66 572 48 713 -10 982 69 741 71 741
Premium reserve 33 092 29 212 14 997 46 825 49 315
Other technical provisions 15 921 12 975 -11 198 11 982 3 980
To/from revaluation reserve 6 798 -7 200 -17 470 5 453 10 640
Means allocated insurance contracts 10 761 13 726 2 689 5 480 7 805
     
Other operating income/expenses -2 476 -3 202 -3 834 -5 524 -5 728
Commisions received 183 260 170 -24 52
Operating income, real property 3 639 3 815 2 806 390 139
Other operating income 719 817 1 040 980 1 055
Personnell costs 2 683 3 334 3 016 3 090 2 772
Commisions submitted 1 408 1 332 844 762 797
Operating costs, real property 416 391 350 45 12
Depreciations of non-financial assets 160 191 625 291 327
Other operating costs 2 350 2 846 3 016 2 681 3 065
     
Investment income/charges 20 892 23 873 26 456 25 330 31 305
Interest income bonds and certificates 16 090 16 391 14 355 20 384 19 028
Interest income other assets 2 248 3 784 9 871 6 600 4 452
Share dividend etc. 3 621 5 433 3 707 2 046 9 112
Interest costs 1 067 1 735 1 477 3 700 1 286
     
Gains/losses, value (re-)adjustments on financial assets 27 358 24 168 -50 632 24 742 22 712
Realized gains/losses 13 960 20 429 -13 318 5 973 6 178
Shares, participations and primary capital certificates 15 558 15 209 -14 217 -5 228 5 573
Bonds and certificates -378 -884 261 -472 951
Financial derivatives -1 236 2 955 -14 11 927 162
Land and buildings 395 666 -22 121 -166
Other realized gains/losses -379 2 483 674 -375 -343
Net change in value 13 398 3 739 -37 315 18 769 16 534
Shares, participations and primary capital certificates 12 341 -628 -36 398 18 672 13 245
Bonds and certificates -2 439 -1 141 11 026 -5 092 -829
Financial derivatives 1 047 836 -3 721 1 071 1 880
Land and buildings 2 359 8 215 -2 091 359 92
Other net change in value 91 -3 543 -6 130 3 760 2 147
     
Profit/loss on ordinary activities 3 721 5 037 -2 033 4 136 4 851
     
Other result components . 4 243 76 -207
     
Tax -1 082 -2 284 539 10 -791
     
Profit/loss 4 803 7 326 -2 330 4 203 5 435
     
Spesifications   
Balance on the technical account for life insurance 24 823 9 078 5 430 2 098 3 125
Value-adjusted profit/loss 26 572 15 701 -26 699 21 225 26 594

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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