Statistikk innhold

Statistics on

Pension funds

The statistics cover all pension funds in Norway. They show totals, balance sheets and specifications of individual financial instruments by sector.

Updated: 30 June 2025
Next update: Not yet determined

Selected figures from these statistics

  • Key figures. NOK Million
    Key figures. NOK Million
    Total
    20232024
    Assets500 076544 809
    Shares, participation and primary capital certificates312 156346 596
    Bonds and certificates156 715167 677
    Earned premiums, net of reinsurance29 24924 476
    Net income from financial assets37 78648 272
    profitt/loss on ordinary activities5 2758 138
    Gross pensions and claims payment12 46913 341
    Explanation of symbols
  • Pension funds. Profitt and loss account. NOK million
    Pension funds. Profitt and loss account. NOK million
    20202021202220232024
    Earned premiums, net of reinsurance21 23522 66823 23429 24924 476
    Gross premiums written14 13520 66322 12027 54824 314
    Reinsurers share of gross premiums writtens-17-17-24-30-11
    Transfer of premiumreserve from other companies7 1172 0221 1381 731173
    Claims incurred, net of reinsurance11 46411 80313 28213 12013 625
    Gross pensions and claims payments10 42810 93611 74312 46913 341
    Reinsurance share of gross claims payments-2....00
    Other appropriations..........
    Transfers of premiumreserve etc. to other companies1 0398671 539652284
    Net change in technical provisions35 25340 808-13 37047 46049 906
    Premium reserve9 39615 15813 09021 99915 887
    Other technical provisions7 1864 859-1 1121 768857
    To/from revaluation reserve12 99711 936-18 0098 947..
    To/from buffer funds....-10 5768 19622 372
    Means allocated insurance contracts5 6748 8553 2386 54910 790
    Other operating income (+)/costs (-)-517-793-838-1 179-1 079
    Commision received....771217
    Operating income from real property855808735722864
    Other operating income784248811
    Personell costs693793269289286
    Commision submitted44101124189159
    Operating costs from real property151245263533473
    Depreciation, impairment and net change in valuation of non-financial assets....122
    Other operating costs5625041 0419811 043
    Investment income (+)/ charges (-)7 6928 8316 5247 98112 503
    Bonds and certificates3 4083 4034 1015 4216 721
    Interest income other assets797670275597774
    Share dividend etc.3 5234 7992 3112 1335 118
    Interest charges3642163171110
    Gains/losses, Value (re-)adjustments on financial assetes22 82527 321-30 46629 80535 769
    Realized gains/losses7 20415 0545 9498 50419 946
    Shares, participations and primary capital certificates7 06413 2699 7549 65719 216
    Bonds and certificates81091-5941 3021 090
    Financial derivatives-7061 699-3 202-2 499-408
    Land and buildings58-82..
    Other realized gains/losses31-14-14349
    Net change in value15 62112 268-36 41521 30115 823
    Shares, participations and primary capital certificates13 07115 168-32 13816 70615 656
    Bonds and certificates1 419-1 800-5 1223 6351 788
    Financial derivatives839-1 7846141 155-2 082
    Land and buildings302444356-147412
    Other value re-adjustments (+)/adjustments (-)-10239-126-4849
    Profitt/loss on ordinary activities4 5185 417-1 4585 2758 138
    Other results components-3015-262525
    Tax370502120747741
    Profitt/loss4 1174 930-1 6044 5547 422
    Specifications
    Balance on the technical account for pension funds1 1822 227......
    Value-adjusted profitt/loss17 51517 353......
    Explanation of symbols
  • Pension funds. Balance sheet. NOK million
    Pension funds. Balance sheet. NOK million
    20202021202220232024
    Assets
    Intangible assets00000
    Tangible fixed assets10 07110 88811 48211 42311 671
    Land and buildings10 06610 88411 47911 42111 669
    Machinery, equipment and veichles55322
    Capital investments405 321440 305428 596470 885514 783
    Shares, participation and primary capital certificates60 80065 94473 74369 26473 391
    Shares in securities' funds201 157227 530204 707242 892273 205
    Bonds and certificates141 472146 323148 713156 715167 677
    Financial derivatives1 8905071 4332 014510
    Other capital investment2........
    Loans10 17211 8122 0782 4342 519
    Remaining claims3 6653 9925 2765 4094 289
    Insurance claims5781 059831661949
    Reinsurance share of technical provisions4....1519
    Other claims3 0822 9334 4454 7343 321
    Cash and bank deposits9 5358 3838 4299 92411 547
    Total assets438 763475 380455 861500 076544 809
    Liabilities and equity capital
    Equity capital52 60256 64955 62960 23667 534
    Deposit capital14 49214 42815 03415 61815 868
    Share premium account4085......
    Other deposit capital14 45114 34215 03415 61815 868
    Retained earnings38 10942 22140 59544 61851 666
    Other equity38 10942 22140 59544 61851 666
    Subordinated liabilities1 1891 1611 1191 1041 112
    Other subordinated liabilities1 1891 1611 1191 1041 112
    Technical provisions381 887414 614394 727433 253471 155
    Premium reserve283 933299 488313 522334 508346 395
    Additional provision26 45624 66611 66611 384..
    Revaluation reserve54 39971 59926 43835 182..
    Net provision for outstanding claims..........
    Buffer funds....29 32338 053107 004
    Premium provision and pension provision17 09918 86113 77814 12617 756
    Provisions for other charges66769892813882
    Provisions for pension102112138113104
    Deffered tax493510-214556626
    Other provisions for charges7177168145153
    Remaining liabilities2 4192 2574 2954 6694 126
    Expences accrued721171......
    Defferes income615......
    Payable tax238412331479608
    Dividend11......
    Insurance liabilities30817......
    Other liabilities1 0141 1302 7493 4092 326
    Financial derivatives765221 2147821 192
    Total liabilities438 763475 380455 861500 076544 809
    Specifications
    Number of companies8683807776
    Loan with morgage on dwelling462318507553610
    Explanation of symbols
  • Pension funds. Investments in shares, participation and primary capital certificates by specified sector. NOK Million
    Pension funds. Investments in shares, participation and primary capital certificates by specified sector. NOK Million
    20202021202220232024
    Sum all sectors261 957293 474278 450312 156346 596
    Non-financial corporations27 70229 88925 24223 11424 584
    Public unincorporated enterprises, owned by central government..........
    Public incorporated enterprises, owned by central government2 3392 7162 2692 1352 696
    Public unincorporated enterprises, owned by local government..........
    Public incorporated enterprises, owned by local government131125244683715
    Private non-financial incorporated enterprises25 23227 04922 72920 29621 173
    Private non-financial unincorporated enterprises..........
    Private non-profit institutions serving enterprises..........
    Financial corporations134 521156 153160 633187 676192 764
    Norges Bank..........
    Banks1 9173 0062 3752 3192 588
    Mortgage companies2636......
    Finance companies..........
    State lending institutions etc...........
    Financial holding companies2 1871 3621 1761 306731
    Mutual funds117 517135 937132 093161 110163 379
    Alternative investment funds (AIF) excluding mutal funds12 42315 16823 82821 80225 372
    Other financial enterprises, except insurance companies and pension funds61487346408
    Life insurance companies and pension funds..........
    Non-life insurance companies392596427498685
    General government..........
    Central government..........
    Local government..........
    Non-profit institutions serving households..........
    Households..........
    Unincorporated enterprises within households..........
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc...........
    Employees, recipients of property income, pensions and social contributions, students etc...........
    Unspecified sector..........
    Rest of the world99 734107 43292 575101 366129 248
    Explanation of symbols
  • Pension funds. Holdings of bonds by issuing sector
    Pension funds. Holdings of bonds by issuing sector
    20202021202220232024
    Sum all sectors141 472146 323148 713156 715167 677
    Non-financial corporations34 79240 23540 61343 34844 148
    Public unincorporated enterprises, owned by central government..........
    Public incorporated enterprises, owned by central government3 1633 6274 0097 2957 020
    Public unincorporated enterprises, owned by local government0........
    Public incorporated enterprises, owned by local government7 1887 8517 4598 14210 258
    Private non-financial incorporated enterprises24 44128 75729 14627 91126 871
    Private non-financial unincorporated enterprises..........
    Private non-profit institutions serving enterprises..........
    Financial corporations48 45547 10047 39847 91552 566
    Norges Bank..........
    Banks32 63134 27335 09934 29637 420
    Mortgage companies14 28711 3158 78112 11313 683
    Finance companies..........
    State lending institutions etc...........
    Financial holding companies1392091667591
    Mutual funds..........
    Alternative investment funds (AIF) excluding mutal funds6255802 303339319
    Other financial enterprises, except insurance companies and pension funds11176692183
    Life insurance companies and pension funds449352539521404
    Non-life insurance companies314354445479465
    General government28 43331 67132 31135 19434 746
    Central government9 20510 97213 60814 94714 430
    Local government19 22820 69918 70320 24720 316
    Non-profit institutions serving households..........
    Households..........
    Unincorporated enterprises within households..........
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc...........
    Employees, recipients of property income, pensions and social contributions, students etc...........
    Unspecified sector..........
    Rest of the world29 79127 31728 39030 25836 216
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 22 March 2021.

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

Profitt and loss account: The profit and loss account shows income, costs and expenses over the course of the accounting period.

We have three types of classification: instrument, sector and type.

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.
Debtor and creditor sector:
Borrowers and lenders are classified according to institutional sector classification, based on national accounts rules.
Types of income and expenses:
Including interest income and expenses, are based on national accounts rules.

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