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Life and non-life insurance companies, 1th. quarter 2008
7 Non-life insurance companies. Profit and loss account. NOK Million
31.03.2007 30.06.2007* 30.09.2007* 31.12.2007* 31.03.2008*
     
Earned premiums, net of reinsurance 11 140 22 157 33 747 44 666 12 039
Gross premiums written 18 763 31 678 42 206 52 962 19 057
- Reinsurers share of gross premiums written -2 584 -4 213 -5 664 -7 479 -1 876
Gross change in the provisions for unearned premiums -6 080 -6 523 -3 433 -1 110 -5 779
- Reinsurers share of the gross change in the provision for outstanding claims 1 040 1 215 637 293 636
     
Claims incurred, net of reinsurance 8 316 16 076 23 929 32 035 8 364
Gross claim payment 7 873 15 633 23 500 32 201 8 649
Reinsurers share of gross claim payments -862 -2 164 -3 723 -5 001 -1 111
Gross change in the provision for outstanding claims 1 579 3 510 3 934 4 701 424
Reinsurers share of the gross change in the provision for outstanding claims -273 -903 218 135 403
     
Bonuses and rebates 0 2 9 20 3
     
Net change in technical provisions 803 2 121 2 055 4 030 563
     
Other operating income (+)/expenses (-) -2 409 -4 892 -7 418 -10 031 -2 611
Personnel costs 1 233 2 395 3 646 4 908 1 226
Commisions received (+)/submitted (-) -414 -900 -1 303 -1 814 -453
Operating income (+)/costs (-) from real property 51 117 205 238 53
Depreciations of non-financial assets 128 257 401 560 152
Value adjustments (-)/re-adjustments (+) of non-financial assets . . . . -51
Other operating income (+)/expenses (-) -685 -1 456 -2 273 -2 987 -782
     
Investment income (+)/charges (-) 952 2 047 3 048 3 967 1 087
Interest income 974 2 021 3 064 3 941 937
Interest charges 98 222 385 541 134
Share dividend etc. 76 249 370 568 284
     
Gains/losses, value (re-)adjustments on financial assets 741 1 922 1 914 1 516 -2 169
Gains (+)/losses (-) 587 1 820 3 233 3 972 1 109
Net change in value 1 154 103 -1 318 -2 453 -3 278
Value re-adjustments (+)/adjustments (-) 0 0 -1 -3 .
     
Profit/loss on ordinary activities 1 305 3 035 5 299 4 033 -586
     
Extraordinary income (+)/charges (-) -1 -2 -1 -12 -144
     
Tax 213 483 1 137 870 -375
     
Profit/loss 1 091 2 551 4 161 3 150 -354
     
Spesifications   
Balance on the technical account for non-life insurance 725 1 352 4 134 3 561 1 536

1Before 2008 the variable was called Unrealized gains (+)/losses (-)

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