Statistics Norway - home page

Life and non-life insurance companies, 2nd quarter 2012
2 Life insurance companies. Balance sheet by financial instrument1. NOK Million
30.06.2011 30.09.2011* 31.12.2011* 31.03.2012* 30.06.2012*
     
Assets   
     
Intangible assets 1 032 1 115 993 1 134 1 148
     
Tangible fixed assets 2 226 2 170 1 442 1 418 1 436
Land and buildings2 2 057 2 010 1 291 1 271 1 288
Machinery, equipment and vehicles 169 160 150 148 148
     
Capital investments3 804 933 799 040 824 156 867 191 861 721
Shares, participations and primary capital certificates 192 110 182 399 173 608 175 195 172 378
Shares in securities funds 218 905 214 129 213 251 225 995 229 351
Bonds and certificates 383 305 396 019 434 698 448 293 451 807
Financial derivatives 4 277 2 145 2 698 3 580 2 877
Other capital investments 6 336 4 349 -100 14 127 5 309
     
Loans 48 654 47 035 47 815 49 449 48 807
     
Remaining claims 8 116 16 051 7 258 9 401 17 927
Insurance claims 3 603 10 581 2 651 4 681 9 786
Reinsurance share of technical provisions 638 648 641 618 621
Other claims 3 875 4 821 3 965 4 101 7 519
     
Cash and bank deposits 30 972 27 695 25 646 24 369 24 329
     
Total assets 895 933 893 106 907 309 952 963 955 367
     
Liabilities and equity capital   
     
Equity capital4 51 616 50 076 54 875 55 759 57 195
Deposit capital 26 219 27 115 30 259 29 758 30 143
Company capital 6 971 6 971 7 271 7 271 7 389
Share premium account 12 793 12 793 15 518 15 142 15 165
Other deposit capital 6 455 7 352 7 470 7 345 7 588
Retained earnings 25 397 22 961 24 616 26 001 27 052
Other equity 22 186 22 124 24 354 24 809 24 908
Not allocated profit 3 212 837 262 1 192 2 144
     
Subordinated liabilities 14 762 15 345 15 434 15 199 15 075
Bonds 10 885 11 454 11 526 11 310 11 162
Other subordinated loans 3 877 3 890 3 908 3 889 3 913
     
Technical provisions 810 492 805 204 820 081 852 174 860 073
Premium reserve 742 322 749 829 761 746 786 814 796 918
Additional provisions 23 009 22 368 25 619 25 595 25 381
Revaluation reserve 11 389 2 298 6 986 15 337 11 989
Net provision for outstanding claims 5 967 6 030 6 331 6 548 6 709
Premium and pension provisions 25 175 16 620 17 458 14 717 15 398
Net other technical provisions 1 265 1 214 1 080 1 379 1 340
Unallocated surplus funds to insurance contracts 1 364 6 845 863 1 785 2 338
     
Provisions for other charges 1 763 1 524 2 667 2 579 2 380
Provisions for pension 1 354 1 366 1 481 1 487 1 483
Deffered tax 366 127 1 124 1 045 856
Other provisions for charges 44 31 62 48 40
     
Other liabilities 17 299 20 957 14 251 27 251 20 644
Expences accrued 1 117 2 500 871 1 070 819
Deffered income 13 21 12 16 19
Payable tax 299 767 270 103 32
Dividend . . . . .
Insurance liabilities 1 985 1 833 2 001 2 107 3 049
Other liabilities 12 373 9 558 6 352 21 721 14 084
Financial derivates 1 512 6 278 4 745 2 235 2 643
     
Total liabilities 895 933 893 106 907 309 952 963 955 367
     
Specifications   
Number of companies 21 21 21 21 21
Loan with mortgage on dwelling 10 781 10 497 10 236 12 387 12 764
Net tehcnical provisions where the risk is borne by the policyholder 84 141 81 285 87 499 96 845 96 928

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.
2From 2008 shares i real estate is classified as shares and not as buildings
3After adjusting to the International Financial Reporting Standards (IFRS) valuation was introduced. Capital assets and shortterm investments are no longer separated. The statistics from 2008 can not be compared with those from previous years.
4From 2008 administrative, naturedamage and guarantee provisions are included in the equity capital

Explanation of symbols

,