Deadline 31th of August
No news as of right now.
Purpose of the survey
The purpose of this survey is to collect accounting information from Norwegian branches of foreign insurance companies. The information you supply will be used in financial market statistics as a part of the public statistics in the national accounts. The financial market statistics are important in forming of the Norwegian monetary policy. Data from this survey are also used in international reporting. The collected information can be used in computing of the fee to The Financial Supervisory Authority of Norway.
To complete the survey, you must report annual accounts, including the balance sheet as of 31th of December and the total comprehensive income statement. You must include a specified version of the balance sheet where the items are distributed by country.
All foreign insurance companies with a license from The Financial Supervisory Authority of Norway are obligated to report their annual accounts to Statistics Norway. Companies that already report by the Norwegian reporting system (FORT) are excepted. The reporting only covers the insurance companies' activity in Norway.
The duty to provide information, and the right to collect information: Statistics Act, Section 10
The right to impose a compulsory fine: Statistics Act, Section 20
The right to enforce the collection of a fine and demand payment for costs: Tax Administration Act
The right to appeal an administrative decision: Public Administration Act, Chapter VI
The legislation is available at The Lovdata Foundations website.
How to report
Template for life insurance (XLSX)
Template for non-life insurance (XLSX)
Every template contains:
Sheet 1: Income statement
Sheet 2: Balance sheet
Sheet 3: Balance sheet distributed by country
Do you have any questions?
If you have any questions, please contact kjell.hammer@ssb.no