Statistikk innhold
Statistics on
Life and non-life insurance companies, accounts
The statistics cover all life and non-life insurance companies and branches of foreign companies in Norway. It shows overall performance, balance and some specifications for the sector and industry.
Selected figures from these statistics
- Key Figures. NOK MillionDownload table as ...Key Figures. NOK Million
Total 4th quarter 2024 4th quarter 2025 Life insurance companies Assets 2 494 180 2 697 683 Premiums earned 226 371 259 924 Gross claims payment 82 812 93 453 Profit/loss on ordinary activities 12 732 14 111 Net income from financial assets 206 109 209 032 Non-life insurance companies Assets 331 583 352 086 Earned premiums 117 399 127 227 Gross claims payments 90 171 93 632 Profit/loss on ordinary activities 28 790 25 282 Net income from financial assets 18 197 8 039 Explanation of symbolsDownload table as ... - Life insurance companies. Profitt and loss account. NOK MillionDownload table as ...Life insurance companies. Profitt and loss account. NOK Million
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Premiums earned 226 371 63 217 140 318 201 113 259 924 Gross premiums written 170 532 37 928 98 703 140 861 180 367 Reinsurers share of gross premiums written -652 -190 -276 -373 -565 Transfers of premium reserve from other companies 56 491 25 479 41 892 60 625 80 122 Claims incurred, net of reinsurance 141 146 53 273 91 624 131 240 172 180 Gross claims payment 82 812 27 542 49 879 71 662 93 453 Reinsurance share of gross claims payments -486 -74 -155 -229 -401 Transfers of premiumreserve etc. to other companies 58 821 25 805 41 900 59 807 79 128 Net change in technical provisions 270 755 -6 292 116 893 199 253 274 023 Premium reserve 203 905 -2 923 91 273 153 201 207 960 Other technical provisions 2 550 355 9 -1 126 -2 104 To/from buffer funds 18 732 -3 914 707 1 471 4 056 Means allocated insurance contracts 45 567 189 24 904 45 707 64 111 Other operating income/ costs -7 847 -1 981 -3 858 -6 144 -8 641 Commision received 3 627 1 007 1 965 3 014 4 118 Operating income, real property 54 16 29 45 143 Other operating income 161 33 70 105 171 Personell costs 3 768 967 1 752 2 777 4 009 Commision submitted 1 934 520 1 051 2 000 2 157 Operating costs, real property 790 200 401 598 809 Depreciations of non-financial assets 560 125 268 384 733 Other operating costs 4 637 1 223 2 450 3 549 5 365 Investment income /costs 55 571 15 343 30 876 43 856 65 083 Interest income bonds and certificates 29 804 7 145 14 711 22 899 33 857 Interest income other assets 10 455 2 566 5 035 7 066 10 156 Share dividend etc. 18 346 6 365 12 640 16 098 23 913 Interest costs 3 034 733 1 510 2 208 2 843 Gains/losses, value (re-)adjustments on financial assets 150 538 -26 138 48 567 102 230 143 949 Realized gains/losses 55 309 17 383 39 538 51 508 61 848 Shares, participations and primary capital certificates 60 758 14 388 24 440 29 509 38 794 Bonds and certificates 3 900 -180 804 835 1 195 Financial derivatives -10 904 3 434 14 684 21 477 21 821 Land and buildings -1 .. .. .. .. Other realized gains/losses 1 555 -259 -391 -313 39 Net change in value 95 230 -43 520 9 029 50 722 82 101 Shares, participations and primary capital certificates 106 751 -56 473 -1 996 38 633 72 539 Bonds and certificates 5 610 -2 073 402 123 -646 Financial derivatives -17 913 17 690 11 663 12 179 8 472 Land and buildings .. .. 0 0 0 Other net change in value 783 -2 664 -1 039 -213 1 734 Profit/loss on ordinary activities 12 732 3 462 7 386 10 562 14 111 Other result components 328 -6 -103 126 50 Tax 2 502 499 1 265 1 974 2 490 Total profit/loss year to date 10 559 2 956 6 018 8 714 11 671 Explanation of symbolsDownload table as ... - Life insurance companies. Balance sheet by financial instrument. NOK MillionDownload table as ...Life insurance companies. Balance sheet by financial instrument. NOK Million
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Assets Intangible assets 4 145 4 186 4 197 4 150 4 038 Tangible fixed assets 2 223 2 191 2 155 2 122 2 149 Land and buildings 1 339 1 339 1 339 1 339 1 421 Machinery, equipment and vehicles 71 67 63 63 63 Capital investments 2 252 282 2 239 197 2 329 078 2 417 993 2 483 741 Shares, participation and primary capital certificate 415 324 399 927 427 686 443 964 457 937 Shares in securities' fund 1 083 004 1 063 332 1 136 748 1 201 428 1 263 327 Bonds and certificates 751 880 756 067 755 073 763 945 758 909 Financial derivatives 2 075 19 871 9 571 8 656 3 567 Loans 146 622 139 688 143 426 145 556 146 434 Remaining claims 56 072 42 764 65 483 37 807 18 663 Reinsurance share of technical provisions 2 291 2 341 2 319 2 302 1 134 Other claims 53 781 40 423 63 164 35 506 17 529 Cash and bank deposits 32 836 49 841 45 884 37 804 42 657 Total assets 2 494 180 2 477 867 2 590 223 2 645 433 2 697 683 Liabilities and equity capital Equity 128 882 129 157 132 675 136 823 132 350 Deposit capital 59 916 59 873 60 329 61 767 64 787 Company capital 7 089 7 089 7 090 7 090 7 090 Share premium account 19 544 19 544 20 043 20 043 20 193 Other deposit capital 33 283 33 240 33 196 34 634 37 504 Retained earnings 68 966 69 284 72 346 75 056 67 563 Other equity 68 966 61 035 61 111 61 581 58 258 Not allocated profit .. 8 249 11 235 13 475 9 304 Subordinated loan capital and other loans 26 126 32 080 23 886 21 098 18 282 Bonds 15 234 15 202 11 515 11 409 10 206 Other subordinated loans 10 892 16 878 12 371 9 689 8 076 Technical provisions in life insurance 2 264 943 2 257 686 2 378 192 2 436 721 2 509 728 Premium reserve 1 994 101 1 990 199 2 084 392 2 145 754 2 203 363 Buffer funds 187 490 183 537 189 782 190 934 214 148 Premium and deposit fund 76 872 76 360 74 336 50 699 76 511 Pensions' share premium fund 57 80 78 27 140 Net other technical provisions 6 422 7 028 6 917 7 059 6 937 Unallocated surplus funds to insurance contracts .. 482 22 687 42 247 8 630 Reserves against other liabilities 4 505 4 429 3 514 3 709 3 938 Provisions for pension 678 701 804 622 822 Deffered tax liabilities 1 497 1 442 1 472 1 479 1 153 Other provisions for charges 2 330 2 287 1 238 1 609 1 963 Remaining liabilites 69 724 54 516 51 956 47 081 33 384 Current tax liabilities 3 113 2 917 2 805 3 466 3 515 Other liabilities 51 907 46 688 43 626 39 571 23 970 Financial derivatives 14 704 4 911 5 525 4 044 5 899 Total liabilities 2 494 180 2 477 867 2 590 223 2 645 433 2 697 683 Specifications Number of companies .. .. .. . . Loan with morgage on dwelling 28 030 28 014 28 506 29 196 28 887 Net tehcnical provisions where the risk is borne by the policyholder 833 600 824 853 887 308 937 551 984 603 Explanation of symbolsDownload table as ... - Non-life insurance company. Profitt and loss account. NOK MillionDownload table as ...Non-life insurance company. Profitt and loss account. NOK Million
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Premiums earned 117 399 30 260 61 640 94 737 127 227 Gross premium earned 137 495 34 481 71 101 109 498 147 870 Reinsurance share of gross premium earned -20 096 -4 221 -9 461 -14 761 -20 643 Claims incurred and net change in technical provisions 90 171 23 079 46 628 69 439 93 632 Gross claims cost 103 840 24 739 52 092 76 741 106 534 Reinsurance share of gross claims cost -13 060 -1 698 -5 407 -7 439 -13 410 Net change in technical provision -609 37 -57 137 509 Other operating income/ costs -16 635 -3 745 -7 657 -11 994 -16 352 Commision received 361 143 216 246 379 Operating income, real property 15 3 7 12 16 Other operating income 73 52 79 134 166 Personell costs 11 317 2 873 5 874 9 199 12 396 Commision submitted 6 654 1 480 2 994 4 536 6 756 Operating costs, real property 403 80 166 269 360 Depreciations of non-financial assets 597 143 366 580 712 Other operating costs -1 888 -633 -1 441 -2 198 -3 310 Investment income /costs 6 338 1 564 2 675 4 228 6 907 Interest income 4 992 1 506 2 611 4 204 6 090 Share dividend etc. 2 265 325 565 882 1 988 Interest costs 919 267 501 858 1 171 Gains/losses, value (re-)adjustments on financial assets 11 859 -3 392 -1 770 -810 1 132 Net realized gains/losses 4 739 480 -882 -543 300 Net change in value 7 119 -3 873 -887 -267 832 Profit/loss on ordinary activities 28 790 1 607 8 260 16 722 25 282 Other result components 14 -42 -84 -105 -148 Tax 5 827 551 1 928 3 791 5 443 Total profit/loss year to date 22 977 1 014 6 248 12 825 19 691 Explanation of symbolsDownload table as ... - Non-life insurance companies. Balance sheet by financial instrument. NOK MillionDownload table as ...Non-life insurance companies. Balance sheet by financial instrument. NOK Million
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Assets Intangible assets 5 915 4 661 6 224 6 774 7 158 Tangible fixed assets 2 903 2 951 3 004 2 955 3 058 Land and buildings 805 835 825 803 774 Machinery, equipment and vehicles 668 748 669 673 682 Right-of-use asset 1 430 1 368 1 509 1 479 1 602 Capital investments 205 823 207 667 210 375 218 657 221 603 Shares, participation and primary capital certificates 30 212 30 940 32 584 33 217 34 404 Shares in securities' fund 44 926 47 325 47 563 50 544 49 018 Bonds and certificates 129 325 128 362 129 250 134 230 137 639 Financial derivatives 1 359 1 040 978 666 542 Loans 2 140 2 183 1 564 1 726 2 706 Reinsurance share 32 265 33 859 36 878 35 853 34 470 Claims 69 224 75 452 72 825 67 412 68 846 Cash and bank deposits 13 312 16 500 13 506 16 030 14 245 Total assets 331 583 343 273 344 375 349 407 352 086 Liabilities and equity capital Eqiuty 120 661 118 002 121 220 127 147 124 335 Deposit capital 30 320 30 607 30 179 34 437 35 070 Company capital 5 643 5 894 5 859 6 698 6 699 Share premium account 11 127 11 166 10 771 12 872 12 913 Other deposit capital 13 550 13 547 13 549 14 867 15 458 Retained earnings 90 341 87 395 91 041 92 710 89 266 Other equity 90 341 76 504 76 235 74 231 75 003 Not allocated profit .. 10 891 14 805 18 479 14 262 Subordinated liabilities 7 150 7 963 8 064 9 660 8 574 Bonds 7 063 7 860 7 961 9 457 8 360 Other subordinated loans 87 103 103 203 214 Technical provisions in non-life insurance 155 901 171 960 178 827 173 038 168 845 Gross provision for unearned premium 28 561 40 965 41 304 34 912 30 360 Gross Provision for outstanding claims 71 728 70 734 76 576 77 565 78 781 Reserves against unexpired risks 191 6 6 195 192 Liability for remaining coverage (IFRS) 8 505 12 894 12 319 10 567 8 832 Liability for incurred claims (IFRS) 46 917 47 361 48 622 49 799 50 680 Reserves against other liabilities 7 619 7 150 7 201 7 067 7 451 Provisions for pension 1 468 1 504 1 528 1 479 1 429 Deffered tax 2 684 2 166 2 038 2 007 1 831 Other provisions for charges 3 467 3 479 3 635 3 581 4 192 Remaining liabilites 40 251 38 198 29 064 32 495 42 880 Payable tax 5 157 4 252 3 140 5 077 5 877 Dividend 7 987 2 929 585 451 11 342 Other liabilities 26 573 30 351 24 668 26 403 25 316 Financial derivatives 534 667 671 564 345 Total liabilities 331 583 343 273 344 375 349 407 352 086 Specifications Number of companies .. .. .. . . Loan with mortgage on dwelling 2 074 2 136 1 525 1 673 2 644 Explanation of symbolsDownload table as ...
About the statistics
The information under «About the statistics» was last updated 16 February 2023.
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 four types of classification: instrument, sector, industry and type.
- Financial instruments and physical capital
- Liabilities, claims and other assets in the balance sheet of the financial institutions are divides into two main groups with a view to providing major uniform groups such as bank lending, funding and deposits.
- Debtor and creditor industry
- Borrowers and lenders are classified according to institutional sector classification, based on national accounts rules.
- Debtor and creditor industry
- Based on the rules in the industry standard, the individual financial instruments are grouped according to the debtor's or creditor's industry affiliation.
- Types of income and expenses
- Including interest income and expenses, are based on national accounts rules.
Name: Life and non-life insurance companies, accounts
Topic: Banking and financial markets
Division for Financial Markets Statistics
Only at the national level.
Annual and quarterly.
Eurostat
Publication-ready data are stored in a FAME-database
The purpose is to provide statistics for the national accounts, financial sector balances and census of foreign assets and liabilities, and publish current credit market statistics. Accounting statistics for life and non-life insurance companies was first published in NOS Credit Market Statistics 1912. From 1998 the accounts statistics was based up on new electronic reports, which have more details than the former manual reports. Among others it gives the possibility to divide between capital assets and short-term assets, and it also contains quarterly profit and loss accounts.
The statistics are included in national accounts, financial sector balances, balance of payments and statistics on Norway's foreign assets and liabilities. Other major users are the Central Bank of Norway, the Financial Supervisory authority, Ministry of Finance and the media.
Not relevant
The statistics are based on the guidelines in the national accounts standards System of National Accounts from (SNA) and the IMF Manual on Monetary and Financial Statistics.
Statistics from the financial institutions are used in the national accounts, financial sector accounts, the balance of payments and in the Norwegian statistics of foreign debt and receivables.
Act on the Supervision on Credit Institutions, Insurance Companies and Securities Trading, etc., Sections 1 and 4 (insurance companies). Statistics Norway uses Statistics Act Section § 12 to compile statistic.
Council Directive 674/91
Council Regulation (EC) no. 2223/96
Council Regulation (EC) 410/98
Council Regulation (EC) no. 1392/2007
Council Regulation (EC) no. 2056/2002
Council Regulation (EC) no. 1606/2002
Council Regulation (EC) no. 297/2008
Commission Regulation 1225/1999
Commission Regulation 1227/1999
Commission Regulation 1228/1999
The population is all life and non-life insurance companies in Norway, including foreign branches in Norway. According to the Standard Industrial Classification this covers industries 65.110, 65.120 and 65.200.
The statistical unit forming the basis for the accounting reports is the enterprise.
The statistics are based on accounting data from the enterprises.
The sample is defined on the basis of a number of financial corporations licensed by the Financial Supervisory authority (the statistics are in principle based on total censuses).
The Financial Supervisory authority and Statistics Norway cooperate in the collection of accounting information.
The data is controlled by the Banking, Insurance and Securities Commission and Statistics Norway.
Not relevant
Not relevant
The accounting statistics for the life and non-life insurance companies is based on current accounting regulations for life and non-life insurance companies. Breaches may therefore occur in connection with changes in accounting legislation and in the regulations applicable to the life and non-life insurance companies. Structural changes like new companies, mergers and spin-offs, with portfolio movements as one consequence, may also lead to breaches in the time series.
International Financial Reporting Standard (IFRS) The new accounting standard IFRS is an example of a change that will cause breaches in the time series in the periods to come. In 2008 all reporting companies must, in one way or another, report according to the IFRS standard, and data may then be fully comparable again. However, the IFRS standard will lead to larger fluctuations in the data because of the more extensive use of fair value in the accounting. The comparison of the reported data with the companies' official accounts is also challenging because the IFRS standard does not require a specific presentation of the accounts, as the traditional Norwegian accounting standard does.
Errors and discrepancies can occur in the accounting data. These discrepancies can have a number of sources:
- Errors in the reporting institutions' accounts
- Errors in the transfer of data from the institution's primary accounts to recipients
- Different accounting and evaluation principles
- Different accounting dates for transactions
- Insufficient data from the reporting parties
- Processing errors
Due to large amounts of data and a dynamic control and revision system, published data will be regarded as preliminary until next years data for the same period is published. This means that data for the current year may be revised without this being marked in the preceeding publishing. Large and important revision however, will be commented upon in the publishing of Today's Statistics.
Not relevant