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Life and non-life insurance companies, 1st quarter 2012
6 Non-life insurance companies. Profit and loss account (accumulated)1. NOK Million
31.03.2011 30.06.2011* 30.09.2011* 31.12.2011* 31.03.2012*
     
Earned premiums, net of reinsurance 12 955 26 108 39 410 54 862 13 686
Gross premiums written 20 785 35 209 46 862 61 780 22 186
- Reinsurers share of gross premiums written -2 116 -3 710 -4 419 -6 153 -2 748
Gross change in the provisions for unearned premiums -6 416 -6 469 -3 258 -1 092 -6 857
- Reinsurance share 702 1 077 226 328 1 105
     
Claims incurred and net change in technical provisions 10 375 19 484 28 894 40 234 10 395
Gross claim payment 10 154 20 143 28 913 41 400 11 733
Reinsurers share of gross claim payments -886 -2 221 -2 711 -4 284 -1 555
Gross change in the provision for outstanding claims -1 611 1 411 2 047 -207
Reinsurers share, gross change in the provision for outstanding claims 298 669 52 819 352
Bonuses and rebates 7 14 22 184 2
Net change in technical provisions 802 269 1 207 68 70
     
Other operating income /costs -2 751 -5 730 -7 859 -11 048 -2 744
Commisions received 13 27 45 184 56
Operating income real property 49 93 136 166 32
Other operating income 682 1 356 1 870 2 334 452
Personnel costs 1 350 2 682 4 029 5 421 1 489
Commisions submitted 502 1 132 1 530 2 432 631
Operating costs real property 8 16 24 31 6
Depreciations of non-financial assets 139 259 414 261 56
Other operating costs 1 496 3 118 3 914 5 588 1 102
     
Investment income /costs 1 281 3 318 4 264 5 103 1 161
Interest income 1 170 2 129 3 270 4 439 1 055
Share dividend etc. 137 1 237 1 084 778 137
Interest costs 26 48 90 113 30
     
Gains/losses, value (re-)adjustments on financial assets -56 -326 -2 111 -1 101 1 686
Net realized gains/losses 902 1 126 932 852 546
Net change in value -958 -1 452 -3 044 -1 953 1 140
     
Profit/loss on ordinary activities 1 054 3 886 4 810 7 582 3 394
     
Other result components -29 -14 -141 -68 1
     
Tax 411 790 1 432 2 461 696
     
Profit/loss 614 3 082 3 237 5 053 2 698
     
Spesifications   
Balance on the technical account for non-life insurance 519 2 343 4 659 5 836 1 040

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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