Total assets of insurance companies amounted to 333.0 b.kr. at the end of August. Of total assets, assets of non-life insurance companies amounted to 312.7 b.kr. and assets of life-insurance companies amounted to 20.3 b.kr.
Domestic assets of the companies were in total 266.7 b.kr. and foreign assets amounted to 66.3 b.kr.
Domestic liabilities amounted to 160.5 b.kr. of which share of insurance and pension entitlements amounted to 145.3 b.kr. Foreign liabilities amounted to 160 m.kr.
Equity of insurance companies amounted to 172.3 b.kr. at the end of August and increased by 2.7 b.kr. between months.
Due to the implementation of IFRS 17 accounting standard in the settlement of insurance companies accounts, there is a break in the time series of unpaid premiums and unearned premiums in January 2023.
See more detailed data for insurance companies in the Databank
Inquiries can be sent to adstod@sedlabanki.is