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Life and non-life insurance companies, 2nd quarter 2009
1 Life insurance companies. Profit and loss account. NOK Million
30.06.2008 30.09.2008* 31.12.2008* 31.03.2009* 30.06.2009*
Earned premiums, net of reinsurance 38 713 63 799 79 780 24 520 37 555
Gross premiums written 29 515 52 974 68 056 19 702 31 354
- Reinsurers share of gross premiums written -286 -313 -624 -142 -217
- Reinsurers share of investment income . . . . .
Transfer of premiumreserve from other companies 9 484 11 138 12 348 4 960 6 419
     
Claims incurred, net of reinsurance 34 397 50 442 65 640 14 061 23 941
Gross claim payment 27 882 42 197 55 538 9 319 18 203
Reinsurers share of gross claim payments -38 -46 -312 -31 -98
Net change in the provision for outstanding claims 84 163 790 105 255
Transfer of premiumreserve etc. to other companies 6 468 8 128 9 623 4 668 5 582
     
Net change in technical provisions -6 971 -4 077 -10 787 12 500 27 009
Premiumreserve 8 205 17 392 15 215 11 973 20 695
Not allocated technical provisions 1 032 -2 891 2 693 124 3 933
Other technical provisions -16 208 -18 578 -28 695 402 2 381
     
Investment income (+)/charges (-) 14 045 19 343 27 420 5 821 11 737
Interest income 13 576 19 005 25 232 6 777 13 291
Bonds and certificates 10 155 14 107 17 807 4 994 9 841
Other assets 3 421 4 897 7 424 1 783 3 450
Interest charges 747 1 283 1 769 4 352 7 164
Share dividend etc. 1 216 1 621 3 957 3 396 5 610
     
Gains/losses, value (re-)adjustments on financial assets -25 645 -46 750 -50 567 -4 498 5 163
Gains (+)/losses (-) 5 -2 200 -13 687 2 701 1 831
Shares, participations and primary capital certificates 643 -1 140 -11 979 -3 237 -4 128
Bonds and certificates -441 220 260 -774 -135
Currency and financial derivatives -225 -1 313 -1 947 6 575 5 925
Land and buildings 29 34 -22 136 168
Net change in value 1 -25 650 -44 550 -36 880 -7 199 3 332
Shares, participations and primary capital certificates -18 151 -37 236 -35 191 -4 540 7 122
Bonds and certificates -2 818 -791 11 010 -3 449 -4 512
Currency and financial derivatives -3 520 -4 992 -10 126 1 253 1 536
Land and buildings -1 162 -1 532 -2 573 -463 -813
Value re-adjustments (+)/adjustments (-) . . . . .
     
Other operating income (+)/expenses (-) -1 581 -2 028 -3 951 -827 -1 770
Personnel costs 1 494 2 190 2 987 768 1 511
Commisions received (+)/submitted (-) -304 -425 -650 -151 -285
Operating income (+)/costs (-) from real property 1 183 2 041 2 349 524 995
Depreciations of non-financial assets 93 144 619 51 103
Value adjustments (-)/re-adjustments (+) of non-financial assets . . 0 . .
Other operating income (+)/expenses (-) -873 -1 309 -2 044 -381 -866
     
To/from revaluation reserve -15 996 -17 739 -17 492 -304 172
     
Profit/loss on ordinary activities -1 894 -12 001 -2 171 -1 544 1 734
     
Extraordinary income (+)/charges (-) . . 44 -13 -6
     
Tax 70 -71 529 148 623
     
Profit/loss -1 964 -11 930 -2 744 -1 678 1 117
     
Spesifications   
Balance on the technical account for life insurance -7 958 -14 597 -9 743 11 421 29 827

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

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