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Life and non-life insurance companies, 2011
7 Non-life insurance companies. Profit and loss account1. NOK Million
2007 2008 2009 2010 2011*
     
Earned premiums, net of reinsurance 42 274 49 348 50 500 52 321 54 580
Gross premiums written 49 759 57 589 58 852 59 407 62 452
- Reinsurers share of gross premiums written -7 630 -7 440 -7 315 -6 365 -6 820
Gross change in the provisions for unearned premiums 62 -737 -958 -1 192 -1 206
- Reinsurers share, gross change in the provision for outstanding claims 83 -64 -79 470 153
     
Claims incurred and net change in technical provisions 33 594 35 662 38 600 38 595 41 073
Gross claim payment 30 292 36 438 39 200 39 802 41 553
Reinsurers share of gross claim payments -4 662 -4 984 -4 883 -5 627 -4 684
Gross change in the provision for outstanding claims 6 087 3 550 2 285 1 373 1 898
Reinsurers share, gross change in the provision for outstanding claims -1 334 117 215 1 803 755
Bonuses and rebates 31 31 44 189 200
Net change in technical provisions 3 180 510 1 740 1 055 1 351
     
Other operating income/expenses -9 312 -11 145 -11 529 -10 868 -10 520
Commisions received 13 -49 10 22 107
Operating income from real property 474 263 206 197 166
Other operating income 4 450 4 827 2 776 2 842 2 780
Personnel costs 4 417 5 058 5 540 5 205 5 676
Commisions submitted 1 655 1 888 2 127 2 105 2 257
Operating costs real property 52 66 48 35 32
Depreciations of non-financial assets 636 571 218 266 254
Other operating costs 7 488 8 604 6 589 6 317 5 354
     
Investment income/charges 4 400 6 354 4 729 4 520 4 823
Interest income 4 351 5 349 4 329 4 143 4 149
Share dividend etc. 593 1 411 565 528 804
Interest charges 545 406 165 151 131
     
Gains/losses, value (re-)adjustments on financial assets 543 -6 640 4 220 3 201 -1 102
Net realized gains/losses 2 256 -480 355 1 479 817
Net change in value -1 712 -6 161 3 865 1 722 -1 919
     
Profit/loss on ordinary activities 4 311 2 255 9 319 10 579 6 707
     
Other result components -12 -287 322 728 -1 135
     
Tax 828 1 033 2 061 1 535 2 243
     
Profit/loss 3 472 934 7 580 9 772 3 330
     
Spesifications   
Balance on the technical account for non-life insurance 2 986 8 417 4 487 6 396 6 480

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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