Statistikk innhold

Statistics about

Pension funds

The statistics cover all pension funds in Norway. They show totals, balance sheets and specifications of individual financial instruments by sector.

Updated: 2 July 2024
Next update: Not yet determined

Selected figures from this statistics

  • Key figures. NOK Million
    Key figures. NOK Million
    Total
    20222023
    Assets455 861500 076
    Shares, participation and primary capital certificates278 450308 005
    Bonds and certificates148 086160 325
    Earned premiums, net of reinsurance23 23429 249
    Net income from financial assets-23 94237 786
    profitt/loss on ordinary activities-1 4585 275
    Gross pensions and claims payment11 74312 469
    Explanation of symbols
  • Pension funds. Profitt and loss account. NOK million
    Pension funds. Profitt and loss account. NOK million
    20192020202120222023
    Earned premiums, net of reinsurance17 11121 23522 66823 23429 249
    Gross premiums written16 62214 13520 66322 12027 548
    Reinsurers share of gross premiums writtens-15-17-17-24-30
    Transfer of premiumreserve from other companies5047 1172 0221 1381 731
    Claims incurred, net of reinsurance9 83911 46411 80313 28213 120
    Gross pensions and claims payments9 75210 42810 93611 74312 469
    Reinsurance share of gross claims payments-1-2....0
    Other appropriations..........
    Transfers of premiumreserve etc. to other companies881 0398671 539652
    Net change in technical provisions38 07635 25340 808-13 37047 460
    Premium reserve11 5469 39615 15813 09021 999
    Other technical provisions4 5187 1864 859-1 1121 768
    To/from revaluation reserve18 76112 99711 936-18 0098 947
    To/from buffer funds.....-10 5768 196
    Means allocated insurance contracts3 2505 6748 8553 2386 549
    Other operating income (+)/costs (-)-484-517-793-838-1 179
    Commision received.....7712
    Operating income from real property786855808735722
    Other operating income4478424881
    Personell costs715693793269289
    Commision submitted5344101124189
    Operating costs from real property116151245263533
    Depreciation, impairment and net change in valuation of non-financial assets.....12
    Other operating costs4295625041 041981
    Investment income (+)/ charges (-)8 1147 6928 8316 5247 981
    Bonds and certificates3 9823 4083 4034 1015 448
    Interest income other assets438797670275597
    Share dividend etc.3 7183 5234 7992 3112 106
    Interest charges243642163171
    Gains/losses, Value (re-)adjustments on financial assetes27 71522 82527 321-30 46629 805
    Realized gains/losses6 6507 20415 0545 9498 504
    Shares, participations and primary capital certificates8 5937 06413 2699 7549 657
    Bonds and certificates29881091-5941 302
    Financial derivatives-2 191-7061 699-3 202-2 499
    Land and buildings458-82
    Other realized gains/losses-5431-14-143
    Net change in value21 06615 62112 268-36 41521 301
    Shares, participations and primary capital certificates18 08413 07115 168-32 13816 489
    Bonds and certificates6591 419-1 800-5 1223 852
    Financial derivatives1 921839-1 7846141 155
    Land and buildings244302444356-147
    Other value re-adjustments (+)/adjustments (-)158-10239-126-48
    Profitt/loss on ordinary activities4 5414 5185 417-1 4585 275
    Other results components27-3015-2625
    Tax143370502120747
    Profitt/loss4 4244 1174 930-1 6044 554
    Specifications
    Balance on the technical account for pension funds9481 1822 227....
    Value-adjusted profitt/loss23 30217 51517 353....
    Explanation of symbols
  • Pension funds. Balance sheet. NOK million
    Pension funds. Balance sheet. NOK million
    20192020202120222023
    Assets
    Intangible assets00000
    Tangible fixed assets9 41110 07110 88811 48211 423
    Land and buildings9 40610 06610 88411 47911 421
    Machinery, equipment and veichles55532
    Capital investments368 050405 321440 305427 969470 343
    Shares, participation and primary capital certificates53 07960 80065 94473 74369 264
    Shares in securities' funds170 302201 157227 530204 707238 741
    Bonds and certificates143 368141 472146 323148 086160 325
    Financial derivatives1 1321 8905071 4332 014
    Other capital investment1702......
    Loans10 02210 17211 8122 7052 976
    Remaining claims2 9623 6653 9925 2765 409
    Insurance claims4665781 059831661
    Reinsurance share of technical provisions54....15
    Other claims2 4913 0822 9334 4454 734
    Cash and bank deposits11 9909 5358 3838 4299 924
    Total assets402 436438 763475 380455 861500 076
    Liabilities and equity capital
    Equity capital48 00452 60256 64955 62960 236
    Deposit capital13 88614 49214 42815 03415 618
    Share premium account354085....
    Other deposit capital13 85114 45114 34215 03415 618
    Retained earnings34 11838 10942 22140 59544 618
    Other equity34 11838 10942 22140 59544 618
    Subordinated liabilities6591 1891 1611 1191 104
    Other subordinated liabilities6591 1891 1611 1191 104
    Technical provisions351 293381 887414 614394 727433 253
    Premium reserve275 472283 933299 488313 522334 508
    Additional provision22 97326 45624 66611 66611 384
    Revaluation reserve42 82454 39971 59926 43835 182
    Net provision for outstanding claims..........
    Buffer funds.....29 32338 275
    Premium provision and pension provision10 02417 09918 86113 77813 904
    Provisions for other charges59666769892813
    Provisions for pension67102112138113
    Deffered tax461493510-214556
    Other provisions for charges687177168145
    Remaining liabilities1 8842 4192 2574 2954 669
    Expences accrued576721171....
    Defferes income12615....
    Payable tax200238412331479
    Dividend111....
    Insurance liabilities3530817....
    Other liabilities9131 0141 1302 7493 409
    Financial derivatives147765221 214782
    Total liabilities402 436438 763475 380455 861500 076
    Specifications
    Number of companies9086838077
    Loan with morgage on dwelling561462318507549
    Explanation of symbols
  • Pension funds. Investments in shares, participation and primary capital certificates by specified sector. NOK Million
    Pension funds. Investments in shares, participation and primary capital certificates by specified sector. NOK Million
    20192020202120222023
    Sum all sectors223 381261 957293 474278 450308 005
    Non-financial corporations23 38027 70229 88925 24223 113
    Public unincorporated enterprises, owned by central government..........
    Public incorporated enterprises, owned by central government2 1202 3392 7162 2692 135
    Public unincorporated enterprises, owned by local government..........
    Public incorporated enterprises, owned by local government128131125244137
    Private non-financial incorporated enterprises21 13225 23227 04922 72920 840
    Private non-financial unincorporated enterprises..........
    Private non-profit institutions serving enterprises0........
    Financial corporations113 630134 521156 153160 633186 276
    Norges Bank..........
    Banks1 8821 9173 0062 3752 319
    Mortgage companies..2636....
    Finance companies..........
    State lending institutions etc...........
    Financial holding companies1 3842 1871 3621 1761 308
    Mutual funds99 267117 517135 937132 093159 709
    Alternative investment funds (AIF) excluding mutal funds10 63712 42315 16823 82821 802
    Other financial enterprises, except insurance companies and pension funds1266148734640
    Life insurance companies and pension funds..........
    Non-life insurance companies334392596427498
    General government..........
    Central government..........
    Local government..........
    Non-profit institutions serving households..........
    Households..........
    Unincorporated enterprises within households..........
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc...........
    Employees, recipients of property income, pensions and social contributions, students etc...........
    Unspecified sector..........
    Rest of the world86 37199 734107 43292 57598 616
    Explanation of symbols
  • Pension funds. Holdings of bonds by issuing sector
    Pension funds. Holdings of bonds by issuing sector
    20192020202120222023
    Sum all sectors143 368141 472146 323148 086160 325
    Non-financial corporations29 17834 79240 23539 98642 807
    Public unincorporated enterprises, owned by central government..........
    Public incorporated enterprises, owned by central government3 3273 1633 6274 0097 295
    Public unincorporated enterprises, owned by local government..0......
    Public incorporated enterprises, owned by local government5 6257 1887 8517 4598 142
    Private non-financial incorporated enterprises20 22624 44128 75728 51927 370
    Private non-financial unincorporated enterprises..........
    Private non-profit institutions serving enterprises0........
    Financial corporations58 64748 45547 10047 39849 316
    Norges Bank..........
    Banks33 35032 63134 27335 09934 296
    Mortgage companies23 90314 28711 3158 78112 113
    Finance companies..........
    State lending institutions etc...........
    Financial holding companies2491392091661 476
    Mutual funds..........
    Alternative investment funds (AIF) excluding mutal funds5216255802 303339
    Other financial enterprises, except insurance companies and pension funds1411176692
    Life insurance companies and pension funds332449352539521
    Non-life insurance companies277314354445479
    General government28 42928 43331 67132 31135 194
    Central government7 1989 20510 97213 60814 947
    Local government21 23119 22820 69918 70320 247
    Non-profit institutions serving households..........
    Households..........
    Unincorporated enterprises within households..........
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc...........
    Employees, recipients of property income, pensions and social contributions, students etc...........
    Unspecified sector..........
    Rest of the world27 11529 79127 31728 39033 008
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 22 March 2021.

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 three types of classification: instrument, sector and type.

Financial instruments and physical capital:
Liabilities, claims and other assets in the balance sheet of the financial institutions are divided into two main groups with a view to providing major uniform groups such as bank lending, funding and deposits.
Debtor and creditor sector:
Borrowers and lenders are classified according to institutional sector classification, based on national accounts rules.
Types of income and expenses:
Including interest income and expenses, are based on national accounts rules.

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