Statistikk innhold
Statistics on
Life and non-life insurance companies, accounts
The statistics cover all life and non-life insurance companies and branches of foreign companies in Norway. It shows overall performance, balance and some specifications for the sector and industry.
Selected figures from these statistics
- Key Figures. NOK MillionDownload table as ...Key Figures. NOK Million
Total 2nd quarter 2025 2nd quarter 2026 Life insurance companies Assets 2 590 223 2 906 103 Premiums earned 140 318 182 257 Gross claims payment 49 879 46 886 Profit/loss on ordinary activities 7 386 7 795 Net income from financial assets 79 443 140 175 Non-life insurance companies Assets 344 375 366 720 Earned premiums 61 640 68 831 Gross claims payments 46 628 49 030 Profit/loss on ordinary activities 8 260 15 775 Net income from financial assets 905 4 163 Explanation of symbolsDownload table as ... - Life insurance companies. Profitt and loss account. NOK MillionDownload table as ...Life insurance companies. Profitt and loss account. NOK Million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Premiums earned 140 318 201 113 259 909 70 508 182 257 Gross premiums written 98 703 140 861 180 366 41 232 110 389 Reinsurers share of gross premiums written -276 -373 -565 -204 -331 Transfers of premium reserve from other companies 41 892 60 625 80 108 29 480 72 198 Claims incurred, net of reinsurance 91 624 131 240 172 180 49 660 104 799 Gross claims payment 49 879 71 662 93 453 23 334 46 886 Reinsurance share of gross claims payments -155 -229 -401 -76 -132 Transfers of premiumreserve etc. to other companies 41 900 59 807 79 128 26 403 58 045 Net change in technical provisions 116 893 199 253 273 982 14 665 205 750 Premium reserve 91 273 153 201 207 834 11 549 161 971 Other technical provisions 9 -1 126 1 646 333 -532 To/from buffer funds 707 1 471 4 056 -922 676 Means allocated insurance contracts 24 904 45 707 60 446 3 705 43 635 Other operating income/ costs -3 858 -6 144 -8 599 -2 050 -4 088 Commision received 1 965 3 014 4 120 974 1 905 Operating income, real property 29 45 143 16 32 Other operating income 70 105 171 29 82 Personell costs 1 752 2 777 4 014 1 038 2 001 Commision submitted 1 051 2 000 2 156 585 1 158 Operating costs, real property 401 598 809 204 388 Depreciations of non-financial assets 268 384 734 60 236 Other operating costs 2 450 3 549 5 320 1 181 2 324 Investment income /costs 30 876 43 856 65 086 12 705 26 577 Interest income bonds and certificates 14 711 22 899 33 860 7 044 14 245 Interest income other assets 5 035 7 066 10 157 2 400 4 669 Share dividend etc. 12 640 16 098 23 913 3 853 8 957 Interest costs 1 510 2 208 2 843 592 1 294 Gains/losses, value (re-)adjustments on financial assets 48 567 102 230 143 898 -13 575 113 598 Realized gains/losses 39 538 51 508 61 845 25 099 62 169 Shares, participations and primary capital certificates 24 440 29 509 38 794 13 080 39 306 Bonds and certificates 804 835 1 195 -188 -490 Financial derivatives 14 684 21 477 21 818 12 785 23 930 Land and buildings .. .. .. .. .. Other realized gains/losses -391 -313 39 -578 -577 Net change in value 9 029 50 722 82 053 -38 674 51 429 Shares, participations and primary capital certificates -1 996 38 633 72 487 -37 193 59 291 Bonds and certificates 402 123 -641 -5 065 -1 405 Financial derivatives 11 663 12 179 8 472 6 564 -7 620 Land and buildings 0 0 0 -28 -28 Other net change in value -1 039 -213 1 734 -2 952 1 190 Profit/loss on ordinary activities 7 386 10 562 14 132 3 263 7 795 Other result components -103 126 48 104 109 Tax 1 265 1 974 2 470 819 1 791 Total profit/loss year to date 6 018 8 714 11 710 2 548 6 113 Explanation of symbolsDownload table as ... - Life insurance companies. Balance sheet by financial instrument. NOK MillionDownload table as ...Life insurance companies. Balance sheet by financial instrument. NOK Million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Assets Intangible assets 4 197 4 150 4 041 4 033 4 113 Tangible fixed assets 2 155 2 122 2 146 2 203 2 152 Land and buildings 1 339 1 339 1 421 1 421 1 421 Machinery, equipment and vehicles 63 63 60 64 70 Right-of-use asset 753 720 665 718 661 Capital investments 2 329 078 2 417 993 2 483 932 2 498 530 2 668 573 Shares, participation and primary capital certificate 427 686 443 964 457 924 466 951 501 132 Shares in securities' fund 1 136 748 1 201 428 1 263 336 1 253 769 1 399 446 Bonds and certificates 755 073 763 945 759 100 766 828 769 006 Financial derivatives 9 571 8 656 3 572 10 982 -1 011 Loans 143 426 145 556 146 434 144 347 146 608 Remaining claims 65 483 37 807 18 684 20 413 49 796 Reinsurance share of technical provisions 2 319 2 302 1 134 1 074 1 066 Other claims 63 164 35 506 17 550 19 339 48 730 Cash and bank deposits 45 884 37 804 42 674 42 249 34 861 Total assets 2 590 223 2 645 433 2 697 911 2 711 776 2 906 103 Liabilities and equity capital Equity 132 675 136 823 132 615 131 887 134 458 Deposit capital 60 329 61 767 65 014 65 016 64 026 Company capital 7 090 7 090 7 099 7 099 7 099 Share premium account 20 043 20 043 20 384 20 384 20 384 Other deposit capital 33 196 34 634 37 530 37 533 36 543 Retained earnings 72 346 75 056 67 601 66 871 70 432 Other equity 61 111 61 581 65 554 58 306 58 853 Not allocated profit 11 235 13 475 2 047 8 565 11 579 Subordinated loan capital and other loans 23 886 21 098 18 282 20 564 19 739 Bonds 11 515 11 409 10 206 9 855 11 977 Other subordinated loans 12 371 9 689 8 076 10 709 7 761 Technical provisions in life insurance 2 378 192 2 436 721 2 509 701 2 521 239 2 709 477 Premium reserve 2 084 392 2 145 754 2 203 259 2 213 428 2 360 355 Buffer funds 189 782 190 934 217 898 216 415 220 878 Premium and deposit fund 74 336 50 699 81 466 79 612 78 917 Pensions' share premium fund 78 27 140 253 254 Net other technical provisions 6 917 7 059 6 937 7 676 7 801 Unallocated surplus funds to insurance contracts 22 687 42 247 .. 3 855 41 273 Reserves against other liabilities 3 514 3 709 3 963 3 896 3 023 Provisions for pension 804 622 822 745 782 Deffered tax liabilities 1 472 1 479 1 177 1 189 1 218 Other provisions for charges 1 238 1 609 1 964 1 961 1 023 Remaining liabilites 51 956 47 081 33 351 34 190 39 406 Current tax liabilities 2 805 3 466 3 473 2 906 2 905 Other liabilities 43 626 39 571 24 058 25 026 18 024 Financial derivatives 5 525 4 044 5 819 6 258 18 477 Total liabilities 2 590 223 2 645 433 2 697 911 2 711 776 2 906 103 Specifications Number of companies .. . . . . Loan with morgage on dwelling 28 506 29 196 28 887 29 459 28 266 Net tehcnical provisions where the risk is borne by the policyholder 887 308 937 551 984 629 986 649 1 100 202 Explanation of symbolsDownload table as ... - Non-life insurance company. Profitt and loss account. NOK MillionDownload table as ...Non-life insurance company. Profitt and loss account. NOK Million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Premiums earned 61 640 94 737 128 658 33 939 68 831 Gross premium earned 71 101 109 498 149 508 38 681 78 946 Reinsurance share of gross premium earned -9 461 -14 761 -20 851 -4 741 -10 115 Claims incurred and net change in technical provisions 46 628 69 439 94 595 25 045 49 030 Gross claims cost 52 092 76 741 107 563 26 858 54 496 Reinsurance share of gross claims cost -5 407 -7 439 -13 476 -2 192 -5 871 Net change in technical provision -57 137 509 380 404 Other operating income/ costs -7 657 -11 994 -16 770 -3 919 -8 188 Commision received 216 246 488 127 163 Operating income, real property 7 12 16 4 7 Other operating income 79 134 169 42 77 Personell costs 5 874 9 199 12 484 2 962 5 910 Commision submitted 2 994 4 536 6 768 1 718 3 485 Operating costs, real property 166 269 361 88 195 Depreciations of non-financial assets 366 580 815 210 477 Other operating costs -1 441 -2 198 -2 985 -887 -1 632 Investment income /costs 2 675 4 228 6 996 1 876 2 703 Interest income 2 611 4 204 6 102 1 907 2 980 Share dividend etc. 565 882 2 065 197 366 Interest costs 501 858 1 171 228 644 Gains/losses, value (re-)adjustments on financial assets -1 770 -810 1 417 -3 381 1 460 Net realized gains/losses -882 -543 454 485 1 931 Net change in value -887 -267 963 -3 865 -471 Profit/loss on ordinary activities 8 260 16 722 25 704 3 471 15 775 Other result components -84 -105 -141 47 34 Tax 1 928 3 791 5 493 866 3 536 Total profit/loss year to date 6 248 12 825 20 071 2 651 12 273 Explanation of symbolsDownload table as ... - Non-life insurance companies. Balance sheet by financial instrument. NOK MillionDownload table as ...Non-life insurance companies. Balance sheet by financial instrument. NOK Million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Assets Intangible assets 6 224 6 774 7 279 7 279 7 264 Tangible fixed assets 3 004 2 955 3 058 3 091 3 190 Land and buildings 825 803 774 769 750 Machinery, equipment and vehicles 669 673 682 616 677 Right-of-use asset 1 509 1 479 1 602 1 706 1 762 Capital investments 210 375 218 657 221 618 216 733 222 850 Shares, participation and primary capital certificates 32 584 33 217 34 418 31 643 31 636 Shares in securities' fund 47 563 50 544 49 018 51 338 52 790 Bonds and certificates 129 250 134 230 137 640 132 834 137 101 Financial derivatives 978 666 542 918 1 323 Loans 1 564 1 726 2 747 2 932 1 919 Reinsurance share 36 878 35 853 34 084 37 135 36 705 Claims 72 825 67 412 69 362 79 500 78 017 Cash and bank deposits 13 506 16 030 14 229 23 178 16 775 Total assets 344 375 349 407 352 378 369 849 366 720 Liabilities and equity capital Eqiuty 121 220 127 147 124 133 123 156 130 530 Deposit capital 30 179 34 437 35 842 35 753 35 298 Company capital 5 859 6 698 6 699 6 707 6 986 Share premium account 10 771 12 872 12 913 12 805 12 805 Other deposit capital 13 549 14 867 16 230 16 241 15 507 Retained earnings 91 041 92 710 88 291 87 404 95 233 Other equity 76 235 74 231 78 605 77 743 70 678 Not allocated profit 14 805 18 479 9 686 9 660 24 554 Subordinated liabilities 8 064 9 660 8 573 8 573 9 372 Bonds 7 961 9 457 8 360 8 366 9 117 Other subordinated loans 103 203 214 207 255 Technical provisions in non-life insurance 178 827 173 038 168 741 187 593 187 689 Gross provision for unearned premium 41 304 34 912 30 344 44 051 42 878 Gross Provision for outstanding claims 76 576 77 565 78 693 79 443 80 550 Reserves against unexpired risks 6 195 192 192 192 Liability for remaining coverage (IFRS) 12 319 10 567 8 875 13 127 12 486 Liability for incurred claims (IFRS) 48 622 49 799 50 637 50 781 51 584 Reserves against other liabilities 7 201 7 067 7 327 6 628 6 945 Provisions for pension 1 528 1 479 1 429 1 434 1 448 Deffered tax 2 038 2 007 1 845 1 178 1 302 Other provisions for charges 3 635 3 581 4 054 4 016 4 195 Remaining liabilites 29 064 32 495 43 603 43 898 32 184 Payable tax 3 140 5 077 5 640 5 251 5 036 Dividend 585 451 11 417 11 244 579 Other liabilities 24 668 26 403 26 201 26 890 25 841 Financial derivatives 671 564 345 513 728 Total liabilities 344 375 349 407 352 378 369 849 366 720 Specifications Number of companies .. . . . . Loan with mortgage on dwelling 1 525 1 673 2 644 2 809 1 786 Explanation of symbolsDownload table as ...
About the statistics
The information under «About the statistics» was last updated 16 February 2023.
Balance sheet: The balance sheet shows assets, liabilities and equity at the end of accounting period.
Profitt and loss account: The profit and loss account shows income, costs and expenses over the course of the accounting period.
We have four types of classification: instrument, sector, industry and type.
- Financial instruments and physical capital
- Liabilities, claims and other assets in the balance sheet of the financial institutions are divides into two main groups with a view to providing major uniform groups such as bank lending, funding and deposits.
- Debtor and creditor industry
- Borrowers and lenders are classified according to institutional sector classification, based on national accounts rules.
- Debtor and creditor industry
- Based on the rules in the industry standard, the individual financial instruments are grouped according to the debtor's or creditor's industry affiliation.
- Types of income and expenses
- Including interest income and expenses, are based on national accounts rules.
Name: Life and non-life insurance companies, accounts
Topic: Banking and financial markets
Division for Financial Markets Statistics
Only at the national level.
Annual and quarterly.
Eurostat
Publication-ready data are stored in a FAME-database
The purpose is to provide statistics for the national accounts, financial sector balances and census of foreign assets and liabilities, and publish current credit market statistics. Accounting statistics for life and non-life insurance companies was first published in NOS Credit Market Statistics 1912. From 1998 the accounts statistics was based up on new electronic reports, which have more details than the former manual reports. Among others it gives the possibility to divide between capital assets and short-term assets, and it also contains quarterly profit and loss accounts.
The statistics are included in national accounts, financial sector balances, balance of payments and statistics on Norway's foreign assets and liabilities. Other major users are the Central Bank of Norway, the Financial Supervisory authority, Ministry of Finance and the media.
Not relevant
The statistics are based on the guidelines in the national accounts standards System of National Accounts from (SNA) and the IMF Manual on Monetary and Financial Statistics.
Statistics from the financial institutions are used in the national accounts, financial sector accounts, the balance of payments and in the Norwegian statistics of foreign debt and receivables.
Act on the Supervision on Credit Institutions, Insurance Companies and Securities Trading, etc., Sections 1 and 4 (insurance companies). Statistics Norway uses Statistics Act Section § 12 to compile statistic.
Council Directive 674/91
Council Regulation (EC) no. 2223/96
Council Regulation (EC) 410/98
Council Regulation (EC) no. 1392/2007
Council Regulation (EC) no. 2056/2002
Council Regulation (EC) no. 1606/2002
Council Regulation (EC) no. 297/2008
Commission Regulation 1225/1999
Commission Regulation 1227/1999
Commission Regulation 1228/1999
The population is all life and non-life insurance companies in Norway, including foreign branches in Norway. According to the Standard Industrial Classification this covers industries 65.110, 65.120 and 65.200.
The statistical unit forming the basis for the accounting reports is the enterprise.
The statistics are based on accounting data from the enterprises.
The sample is defined on the basis of a number of financial corporations licensed by the Financial Supervisory authority (the statistics are in principle based on total censuses).
The Financial Supervisory authority and Statistics Norway cooperate in the collection of accounting information.
The data is controlled by the Banking, Insurance and Securities Commission and Statistics Norway.
Not relevant
Not relevant
The accounting statistics for the life and non-life insurance companies is based on current accounting regulations for life and non-life insurance companies. Breaches may therefore occur in connection with changes in accounting legislation and in the regulations applicable to the life and non-life insurance companies. Structural changes like new companies, mergers and spin-offs, with portfolio movements as one consequence, may also lead to breaches in the time series.
International Financial Reporting Standard (IFRS) The new accounting standard IFRS is an example of a change that will cause breaches in the time series in the periods to come. In 2008 all reporting companies must, in one way or another, report according to the IFRS standard, and data may then be fully comparable again. However, the IFRS standard will lead to larger fluctuations in the data because of the more extensive use of fair value in the accounting. The comparison of the reported data with the companies' official accounts is also challenging because the IFRS standard does not require a specific presentation of the accounts, as the traditional Norwegian accounting standard does.
Errors and discrepancies can occur in the accounting data. These discrepancies can have a number of sources:
- Errors in the reporting institutions' accounts
- Errors in the transfer of data from the institution's primary accounts to recipients
- Different accounting and evaluation principles
- Different accounting dates for transactions
- Insufficient data from the reporting parties
- Processing errors
Due to large amounts of data and a dynamic control and revision system, published data will be regarded as preliminary until next years data for the same period is published. This means that data for the current year may be revised without this being marked in the preceeding publishing. Large and important revision however, will be commented upon in the publishing of Today's Statistics.
Not relevant