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Life and non-life insurance companies, 4th quarter 2011
6 Non-life insurance companies. Profit and loss account (accumulated)1. NOK Million
31.12.2010 31.03.2011* 30.06.2011* 30.09.2011* 31.12.2011*
     
Earned premiums, net of reinsurance 52 321 12 955 26 108 39 410 54 862
Gross premiums written 59 407 20 785 35 209 46 862 61 780
- Reinsurers share of gross premiums written -6 365 -2 116 -3 710 -4 419 -6 153
Gross change in the provisions for unearned premiums -1 192 -6 416 -6 469 -3 258 -1 092
- Reinsurance share 470 702 1 077 226 328
     
Claims incurred and net change in technical provisions 38 595 10 375 19 484 28 894 40 234
Gross claim payment 39 802 10 154 20 143 28 913 41 400
Reinsurers share of gross claim payments -5 627 -886 -2 221 -2 711 -4 284
Gross change in the provision for outstanding claims 1 373 -1 611 1 411 2 047
Reinsurers share, gross change in the provision for outstanding claims 1 803 298 669 52 819
Bonuses and rebates 189 7 14 22 184
Net change in technical provisions 1 055 802 269 1 207 68
     
Other operating income /costs -10 868 -2 751 -5 730 -7 859 -11 048
Commisions received 22 13 27 45 184
Operating income real property 197 49 93 136 166
Other operating income 2 842 682 1 356 1 870 2 334
Personnel costs 5 205 1 350 2 682 4 029 5 421
Commisions submitted 2 105 502 1 132 1 530 2 432
Operating costs real property 35 8 16 24 31
Depreciations of non-financial assets 266 139 259 414 261
Other operating costs 6 317 1 496 3 118 3 914 5 588
     
Investment income /costs 4 520 1 281 3 318 4 264 5 103
Interest income 4 143 1 170 2 129 3 270 4 439
Share dividend etc. 528 137 1 237 1 084 778
Interest costs 151 26 48 90 113
     
Gains/losses, value (re-)adjustments on financial assets 3 201 -56 -326 -2 111 -1 101
Net realized gains/losses 1 479 902 1 126 932 852
Net change in value 1 722 -958 -1 452 -3 044 -1 953
     
Profit/loss on ordinary activities 10 579 1 054 3 886 4 810 7 582
     
Other result components 728 -29 -14 -141 -68
     
Tax 1 535 411 790 1 432 2 461
     
Profit/loss 9 772 614 3 082 3 237 5 053
     
Spesifications   
Balance on the technical account for non-life insurance 6 693 519 2 343 4 659 5 821

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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