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 1st quarter 2025 1st quarter 2026 Life insurance companies Assets 2 477 867 2 711 776 Premiums earned 63 217 70 508 Gross claims payment 27 542 23 334 Profit/loss on ordinary activities 3 462 3 263 Net income from financial assets -10 795 -870 Non-life insurance companies Assets 343 273 369 849 Earned premiums 30 260 33 939 Gross claims payments 23 079 25 045 Profit/loss on ordinary activities 1 607 3 471 Net income from financial assets -1 828 -1 505 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Premiums earned 63 217 140 318 201 113 259 909 70 508 Gross premiums written 37 928 98 703 140 861 180 366 41 232 Reinsurers share of gross premiums written -190 -276 -373 -565 -204 Transfers of premium reserve from other companies 25 479 41 892 60 625 80 108 29 480 Claims incurred, net of reinsurance 53 273 91 624 131 240 172 180 49 660 Gross claims payment 27 542 49 879 71 662 93 453 23 334 Reinsurance share of gross claims payments -74 -155 -229 -401 -76 Transfers of premiumreserve etc. to other companies 25 805 41 900 59 807 79 128 26 403 Net change in technical provisions -6 292 116 893 199 253 273 982 14 665 Premium reserve -2 923 91 273 153 201 207 834 11 549 Other technical provisions 355 9 -1 126 1 646 333 To/from buffer funds -3 914 707 1 471 4 056 -922 Means allocated insurance contracts 189 24 904 45 707 60 446 3 705 Other operating income/ costs -1 981 -3 858 -6 144 -8 599 -2 050 Commision received 1 007 1 965 3 014 4 120 974 Operating income, real property 16 29 45 143 16 Other operating income 33 70 105 171 29 Personell costs 967 1 752 2 777 4 014 1 041 Commision submitted 520 1 051 2 000 2 157 585 Operating costs, real property 200 401 598 809 204 Depreciations of non-financial assets 125 268 384 733 60 Other operating costs 1 223 2 450 3 549 5 320 1 178 Investment income /costs 15 343 30 876 43 856 65 086 12 705 Interest income bonds and certificates 7 145 14 711 22 899 33 860 7 044 Interest income other assets 2 566 5 035 7 066 10 157 2 400 Share dividend etc. 6 365 12 640 16 098 23 913 3 853 Interest costs 733 1 510 2 208 2 843 592 Gains/losses, value (re-)adjustments on financial assets -26 138 48 567 102 230 143 898 -13 575 Realized gains/losses 17 383 39 538 51 508 61 845 25 099 Shares, participations and primary capital certificates 14 388 24 440 29 509 38 794 13 080 Bonds and certificates -180 804 835 1 195 -188 Financial derivatives 3 434 14 684 21 477 21 818 12 785 Land and buildings .. .. .. .. .. Other realized gains/losses -259 -391 -313 39 -578 Net change in value -43 520 9 029 50 722 82 053 -38 674 Shares, participations and primary capital certificates -56 473 -1 996 38 633 72 487 -37 193 Bonds and certificates -2 073 402 123 -641 -5 065 Financial derivatives 17 690 11 663 12 179 8 472 6 564 Land and buildings .. 0 0 0 -28 Other net change in value -2 664 -1 039 -213 1 734 -2 952 Profit/loss on ordinary activities 3 462 7 386 10 562 14 132 3 263 Other result components -6 -103 126 48 104 Tax 499 1 265 1 974 2 470 819 Total profit/loss year to date 2 956 6 018 8 714 11 710 2 548 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Assets Intangible assets 4 186 4 197 4 150 4 041 4 033 Tangible fixed assets 2 191 2 155 2 122 2 146 2 203 Land and buildings 1 339 1 339 1 339 1 421 1 421 Machinery, equipment and vehicles 67 63 63 60 64 Right-of-use asset 813 785 753 720 665 Capital investments 2 239 197 2 329 078 2 417 993 2 483 932 2 498 530 Shares, participation and primary capital certificate 399 927 427 686 443 964 457 924 466 951 Shares in securities' fund 1 063 332 1 136 748 1 201 428 1 263 336 1 253 769 Bonds and certificates 756 067 755 073 763 945 759 100 766 828 Financial derivatives 19 871 9 571 8 656 3 572 10 982 Loans 139 688 143 426 145 556 146 434 144 347 Remaining claims 42 764 65 483 37 807 18 684 20 413 Reinsurance share of technical provisions 2 341 2 319 2 302 1 134 1 074 Other claims 40 423 63 164 35 506 17 550 19 339 Cash and bank deposits 49 841 45 884 37 804 42 674 42 249 Total assets 2 477 867 2 590 223 2 645 433 2 697 911 2 711 776 Liabilities and equity capital Equity 129 157 132 675 136 823 132 615 131 887 Deposit capital 59 873 60 329 61 767 65 014 65 016 Company capital 7 089 7 090 7 090 7 099 7 099 Share premium account 19 544 20 043 20 043 20 384 20 384 Other deposit capital 33 240 33 196 34 634 37 530 37 533 Retained earnings 69 284 72 346 75 056 67 601 66 871 Other equity 61 035 61 111 61 581 67 601 58 306 Not allocated profit 8 249 11 235 13 475 .. 8 565 Subordinated loan capital and other loans 32 080 23 886 21 098 18 282 20 564 Bonds 15 202 11 515 11 409 10 206 9 855 Other subordinated loans 16 878 12 371 9 689 8 076 10 709 Technical provisions in life insurance 2 257 686 2 378 192 2 436 721 2 509 701 2 521 239 Premium reserve 1 990 199 2 084 392 2 145 754 2 203 259 2 213 428 Buffer funds 183 537 189 782 190 934 217 898 216 415 Premium and deposit fund 76 360 74 336 50 699 81 466 79 612 Pensions' share premium fund 80 78 27 140 253 Net other technical provisions 7 028 6 917 7 059 6 937 7 676 Unallocated surplus funds to insurance contracts 482 22 687 42 247 .. 3 855 Reserves against other liabilities 4 429 3 514 3 709 3 963 3 896 Provisions for pension 701 804 622 822 745 Deffered tax liabilities 1 442 1 472 1 479 1 177 1 189 Other provisions for charges 2 287 1 238 1 609 1 964 1 961 Remaining liabilites 54 516 51 956 47 081 33 351 34 190 Current tax liabilities 2 917 2 805 3 466 3 473 2 906 Other liabilities 46 688 43 626 39 571 24 058 25 026 Financial derivatives 4 911 5 525 4 044 5 819 6 258 Total liabilities 2 477 867 2 590 223 2 645 433 2 697 911 2 711 776 Specifications Number of companies .. .. . . . Loan with morgage on dwelling 28 014 28 506 29 196 28 887 29 459 Net tehcnical provisions where the risk is borne by the policyholder 824 853 887 308 937 551 984 629 986 649 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Premiums earned 30 260 61 640 94 737 128 658 33 939 Gross premium earned 34 481 71 101 109 498 149 508 38 681 Reinsurance share of gross premium earned -4 221 -9 461 -14 761 -20 851 -4 741 Claims incurred and net change in technical provisions 23 079 46 628 69 439 94 595 25 045 Gross claims cost 24 739 52 092 76 741 107 563 26 858 Reinsurance share of gross claims cost -1 698 -5 407 -7 439 -13 476 -2 192 Net change in technical provision 37 -57 137 509 380 Other operating income/ costs -3 745 -7 657 -11 994 -16 770 -3 919 Commision received 143 216 246 488 127 Operating income, real property 3 7 12 16 4 Other operating income 52 79 134 169 42 Personell costs 2 873 5 874 9 199 12 484 2 962 Commision submitted 1 480 2 994 4 536 6 768 1 718 Operating costs, real property 80 166 269 361 88 Depreciations of non-financial assets 143 366 580 814 210 Other operating costs -633 -1 441 -2 198 -2 983 -887 Investment income /costs 1 564 2 675 4 228 6 996 1 876 Interest income 1 506 2 611 4 204 6 102 1 907 Share dividend etc. 325 565 882 2 065 197 Interest costs 267 501 858 1 171 228 Gains/losses, value (re-)adjustments on financial assets -3 392 -1 770 -810 1 417 -3 381 Net realized gains/losses 480 -882 -543 454 485 Net change in value -3 873 -887 -267 963 -3 865 Profit/loss on ordinary activities 1 607 8 260 16 722 25 704 3 471 Other result components -42 -84 -105 -141 47 Tax 551 1 928 3 791 5 493 866 Total profit/loss year to date 1 014 6 248 12 825 20 071 2 651 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Assets Intangible assets 4 661 6 224 6 774 7 279 7 279 Tangible fixed assets 2 951 3 004 2 955 3 058 3 091 Land and buildings 835 825 803 774 769 Machinery, equipment and vehicles 748 669 673 682 616 Right-of-use asset 1 368 1 509 1 479 1 602 1 706 Capital investments 207 667 210 375 218 657 221 618 216 733 Shares, participation and primary capital certificates 30 940 32 584 33 217 34 418 31 643 Shares in securities' fund 47 325 47 563 50 544 49 018 51 338 Bonds and certificates 128 362 129 250 134 230 137 640 132 834 Financial derivatives 1 040 978 666 542 918 Loans 2 183 1 564 1 726 2 747 2 932 Reinsurance share 33 859 36 878 35 853 34 084 37 135 Claims 75 452 72 825 67 412 69 362 79 500 Cash and bank deposits 16 500 13 506 16 030 14 229 23 178 Total assets 343 273 344 375 349 407 352 378 369 849 Liabilities and equity capital Eqiuty 118 002 121 220 127 147 124 133 123 156 Deposit capital 30 607 30 179 34 437 35 842 35 753 Company capital 5 894 5 859 6 698 6 699 6 707 Share premium account 11 166 10 771 12 872 12 913 12 805 Other deposit capital 13 547 13 549 14 867 16 230 16 241 Retained earnings 87 395 91 041 92 710 88 291 87 404 Other equity 76 504 76 235 74 231 78 605 77 743 Not allocated profit 10 891 14 805 18 479 9 686 9 660 Subordinated liabilities 7 963 8 064 9 660 8 573 8 573 Bonds 7 860 7 961 9 457 8 360 8 366 Other subordinated loans 103 103 203 214 207 Technical provisions in non-life insurance 171 960 178 827 173 038 168 741 187 593 Gross provision for unearned premium 40 965 41 304 34 912 30 344 44 051 Gross Provision for outstanding claims 70 734 76 576 77 565 78 693 79 443 Reserves against unexpired risks 6 6 195 192 192 Liability for remaining coverage (IFRS) 12 894 12 319 10 567 8 875 13 127 Liability for incurred claims (IFRS) 47 361 48 622 49 799 50 637 50 781 Reserves against other liabilities 7 150 7 201 7 067 7 327 6 628 Provisions for pension 1 504 1 528 1 479 1 429 1 434 Deffered tax 2 166 2 038 2 007 1 845 1 178 Other provisions for charges 3 479 3 635 3 581 4 054 4 016 Remaining liabilites 38 198 29 064 32 495 43 603 43 898 Payable tax 4 252 3 140 5 077 5 640 5 251 Dividend 2 929 585 451 11 417 11 244 Other liabilities 30 351 24 668 26 403 26 201 26 890 Financial derivatives 667 671 564 345 513 Total liabilities 343 273 344 375 349 407 352 378 369 849 Specifications Number of companies .. .. . . . Loan with mortgage on dwelling 2 136 1 525 1 673 2 644 2 809 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