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Life and non-life insurance companies, 4th quarter 2010
6 Non-life insurance companies. Profit and loss account (accumulated)1. NOK Million
31.12.2009 31.03.2010* 30.06.2010* 30.09.2010* 31.12.2010*
     
Earned premiums, net of reinsurance 50 500 12 089 24 519 37 559 51 222
Gross premiums written 58 852 19 699 33 398 44 872 57 737
- Reinsurers share of gross premiums written -7 315 -1 893 -3 509 -4 421 -5 425
Gross change in the provisions for unearned premiums -958 -6 296 -6 413 -3 389 -1 193
- Reinsurance share -79 579 1 042 498 103
     
Claims incurred and net change in technical provisions 38 250 10 494 19 006 27 838 37 273
Gross claim payment 39 200 9 429 18 860 27 962 39 197
Reinsurers share of gross claim payments -4 883 -1 175 -2 162 -3 671 -5 317
Gross change in the provision for outstanding claims 2 285 1 922 2 616 2 357 2 172
Reinsurers share, gross change in the provision for outstanding claims 215 247 -444 1 132 884
Bonuses and rebates 44 4 9 18 30
Net change in technical provisions 1 390 67 127 41 306
     
Other operating income /costs -11 529 -2 771 -5 415 -8 298 -11 101
Commisions received 10 3 6 8 12
Operating income real property 207 51 104 171 197
Other operating income 2 765 642 1 243 1 786 2 319
Personnel costs 5 540 1 239 2 415 3 694 5 069
Commisions submitted 2 127 379 914 1 612 2 180
Operating costs real property 48 10 19 47 34
Depreciations of non-financial assets 218 135 274 385 255
Other operating costs 6 579 1 704 3 145 4 526 6 090
     
Investment income /costs 4 729 866 2 235 3 333 4 559
Interest income 4 329 989 2 058 3 057 4 173
Share dividend etc. 565 -90 236 347 512
Interest costs 165 33 59 72 125
     
Gains/losses, value (re-)adjustments on financial assets 4 221 1 293 637 1 804 3 191
Net realized gains/losses 355 411 854 921 1 405
Net change in value 3 867 882 -218 883 1 786
     
Profit/loss on ordinary activities 9 671 984 2 969 6 561 10 598
     
Other result components 322 -68 -109 -282 -344
     
Tax 2 061 -156 252 1 039 1 592
     
Profit/loss 7 932 1 072 2 608 5 240 8 662
     
Spesifications   
Balance on the technical account for non-life insurance 4 888 -503 1 403 3 115 5 082

1From January 2008, new annual account regulation for insurance companies adapted to the new International FinancialReporting Standards (IFRS) was introduced. New regulation for life insurance was introduced at the same time. Bothchanges have had an impact on the content and presentation of the insurance statistics. The statistics from 2008 cannot be compared with those from previous years.

Explanation of symbols

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