4083_om_not-searchable
/en/bank-og-finansmarked/statistikker/forsmegl/aar
4083_om
statistikk
2006-11-15T10:00:00.000Z
Banking and financial markets
en
true

Insurance brokers (discontinued)2005

This statistics has been discontinued.

Content

About the statistics

Definitions

Name and topic

Name: Insurance brokers (discontinued)
Topic: Banking and financial markets

Responsible division

Division for Financial Markets Statistics

Definitions of the main concepts and variables

Definition of the main concepts

Insurance brokers

Companies who arrange insurance and information between insurancecompanies and policy-holders.

Definition of the main variables

Balance sheet

The balance sheet shows assets, liabilities and equity at the end of accounting period.

Profit and loss account

Shows income, costs and expenses over the course of the accounting period.

Brokerage : Insurance brokers clam allowances when closing a deal.

Standard classifications

Financial instruments and physical capital

Liabilities, claims and other assets in the balance sheet of the financial institutions are divided into two main groups with a view to providing major uniform groups such as bank lending, funding and deposits.

Types of income and expenses,

including interest income and expenses, are based on national accounts rules.

Administrative information

Regional level

Only at national level

Frequency and timeliness

Annual

International reporting

EUROSTAT

Microdata

Publication-ready data are stored in a FAME-database.

Other documentation

Temahefte: Prinsipper og definisjoner i kredittmarkedsstatistikken, BK 10/99. (Financial enterprises: Concepts and definitions)

Background

Background and purpose

The purpose is to provide statistics for the national accounts, financial sector balances and census of foreign assets and liabilities. Published for the first time in 2001, with statistics as from 1997.

Users and applications

The statistics are included in national accounts, financial sector balances, balance of payments and statistics on Norway's foreign assets and liabilities.

Coherence with other statistics

The statistics are based on the guidelines in the national accounts standards "System of National Accounts" from 1993 (SNA 1993), "European System of Accounts" from 1995 (ESA 1995) and the IMF's "Manual on Monetary and Financial Statistics".

Statistics from the life and non-life insurance companies are used in the national accounts, financial sector balances, balance of payments and in the statistics on Norway's foreign assets and liabilities.

Legal authority

Act on the Supervision on Credit Institutions, Insurance Companies and Securities Trading etc. Statistics Act Section 3-2.

EEA reference

Council regulation (EC) no. 58/97 of 20 December 1996 (structural regulation).

Council regulation (EC) no. 2223/96.

Production

Population

The population is all insurance bokers in Norway who are included in industry 67.

Data sources and sampling

Information is based on administrative registers in the Banking, Insurance and Securities Commission.

Collection of data, editing and estimations

The data is manually controlled. The Central Bank of Norway, the Banking, Insurance and Securities Commission will be contacted if errors in the data.

The Banking, Insurance and Securities Commission and Statistics Norway control the data.

Confidentiality

Not relevant

Comparability over time and space

The accounts statistics for life and non-life insurance companies are based on current accounting regulations for life and non-life insurance companies. Violations can therefore occur in connection with changes in the Accounting Act and in the special regulations that apply to life and non-life insurance companies.

Accuracy and reliability

Sources of error and uncertainty

  • Errors and discrepancies can occur in the accounting data. These discrepancies can have several sources:
  • Errors in transferring the data from the institutions' primary accounts to receiving media
  • Different accounting and estimation principles
  • Different entry times
  • Incompletely filled out reports from respondents

The response rate is 100 per cent.

Non-sampling errors

Frame errors