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Life and non-life insurance companies, 4th quarter 2008
7 Non-life insurance companies. Profit and loss account. NOK Million
31.12.2007 31.03.2008* 30.06.2008* 30.09.2008* 31.12.2008*
     
Earned premiums, net of reinsurance 41 882 12 039 24 860 35 776 47 860
Gross premiums written 49 359 19 057 34 270 43 500 54 815
- Reinsurers share of gross premiums written -7 628 -1 876 -4 056 -5 240 -6 600
Gross change in the provisions for unearned premiums 68 -5 779 -6 443 -3 287 -725
- Reinsurers share of the gross change in the provision for outstanding claims 83 636 1 090 802 370
     
Claims incurred, net of reinsurance 30 014 8 364 16 669 24 712 34 077
Gross claim payment 29 929 8 649 17 756 25 471 34 992
Reinsurers share of gross claim payments -4 664 -1 111 -2 333 -3 393 -3 868
Gross change in the provision for outstanding claims 6 082 424 769 2 032 4 094
Reinsurers share of the gross change in the provision for outstanding claims -1 333 403 479 602 -1 141
     
Bonuses and rebates 31 3 10 6 12
     
Net change in technical provisions 3 972 559 1 946 1 419 483
     
Other operating income (+)/expenses (-) -9 315 -2 615 -5 168 -7 646 -10 827
Personnel costs 4 407 1 226 2 446 3 677 5 065
Commisions received (+)/submitted (-) -1 642 -457 -889 -1 296 -1 829
Operating income (+)/costs (-) from real property 422 53 83 131 159
Depreciations of non-financial assets 635 152 298 441 562
Value adjustments (-)/re-adjustments (+) of non-financial assets . -51 -43 -6 -141
Other operating income (+)/expenses (-) -3 053 -782 -1 574 -2 357 -3 390
     
Investment income (+)/charges (-) 4 373 1 087 2 600 4 562 5 477
Interest income 4 324 938 2 440 3 735 5 387
Interest charges 545 134 217 326 417
Share dividend etc. 593 284 377 1 153 507
     
Gains/losses, value (re-)adjustments on financial assets 684 -2 170 -2 783 -4 801 -7 032
Gains (+)/losses (-) 2 397 1 106 716 393 -1 943
Net change in value 1 -1 710 -3 275 -3 499 -5 194 -5 089
Value re-adjustments (+)/adjustments (-) -4 . . . .
     
Profit/loss on ordinary activities 3 606 -586 884 1 754 905
     
Extraordinary income (+)/charges (-) -12 -144 -1 37 50
     
Tax 825 -375 -150 297 698
     
Profit/loss 2 794 -67 1 035 1 419 157
     
Spesifications   
Balance on the technical account for non-life insurance 3 097 1 552 3 482 5 705 7 151

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

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