Life insurance companies. Profit and loss account (accumulated) . NOK Million

Life and non-life insurance companies, 3rd quarter 2012

1 Life insurance companies. Profit and loss account (accumulated)¹. NOK Million
	30.09.2011	31.12.2011*	31.03.2012*	30.06.2012*	30.09.2012*


Earned premiums, net of reinsurance	69 541	85 436	28 398	48 901	71 561
Gross premiums written	57 829	71 573	23 572	42 235	62 384
- Reinsurers share of gross premiums written	-432	-976	-107	-343	-423
Transfer of premium reserve from other companies	12 144	14 839	4 932	7 010	9 601

Claims incurred, net of reinsurance	41 929	54 432	15 344	27 715	40 562
Gross claim payment	30 273	40 721	11 032	21 473	32 584
Reinsurers share of gross claim payments	-88	-432	24	-58	-34
Other provisions	219	558	193	356	643
Transfer of premiumreserve etc. to other companies	11 525	13 585	4 095	5 944	7 369

Net change in technical provisions	24 326	40 257	32 842	40 568	67 126
Premium reserve	31 944	43 995	22 087	32 521	50 565
Other technical provisions	418	3 235	304	247	299
To/from revaluation reserve	-14 098	-9 381	8 379	5 032	11 224
Means allocated insurance contracts	6 063	2 409	2 073	2 768	5 038

Other operating income /costs	-4 168	-5 611	-1 438	-2 834	-4 460
Commisions received	114	113	38	68	93
Operating income, real property	100	122	16	31	43
Other operating income	813	1 173	282	551	832
Personell costs	2 209	2 949	755	1 544	2 546
Commision submitted	579	806	155	319	511
Operating costs, real property	7	7	1	1	2
Depreciations of non-financial assets	202	309	70	141	213
Other operating costs	2 198	2 948	794	1 478	2 156

Investment income and -costs	24 904	33 884	7 899	15 692	23 689
Interest income bonds and certificates	15 862	21 681	5 533	10 508	16 268
Interest income other assets	3 009	4 213	894	3 022	4 464
Share dividend etc.	5 360	7 033	1 235	2 900	4 060
Interest costs	-673	-957	-237	738	1 102

Gains/losses, value (re-)adjustments on financial assets	-23 321	-15 337	14 561	9 002	20 764
Realized gains/losses	5 709	-314	1 664	1 322	3 743
Shares, participations and primary capital certificates	2 257	403	43	1 649	1 957
Bonds and certificates	-383	-743	-549	-88	318
Financial derivatives	3 708	-131	2 098	-244	1 503
Land and buildings	-115	27	3	4	4
Other realized gains/losses	242	129	69	2	-39
Net change in value	-29 030	-15 023	12 897	7 680	17 022
Shares, participations and primary capital certificates	-21 885	-11 328	9 797	5 514	11 695
Bonds and certificates	75	762	-480	138	499
Financial derivates	-4 900	-3 181	1 815	1 630	2 809
Land and buildings	19	16	-9	-3	-11
Other net changes in value	-2 339	-1 292	1 774	402	2 029

Profit/loss on ordinary activities	700	3 683	1 234	2 478	3 867

Other result components	-20	23	.	6	6

Tax	-105	868	-82	55	38

Profit/loss	786	2 838	1 316	2 430	3 835

Spesifications
Balance on the technical account for life insurance	-29	2 452	628	1 471	2 281
Value-adjusted profit/loss	-7 583	-606	11 539	10 009	19 868

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.