Total assets of insurance companies amounted to 339.4 b.kr. at the end of May. Of total assets, assets of non-life insurance companies amounted to 319 b.kr. and assets of life-insurance companies amounted to 20.4 b.kr. Domestic assets of the companies were in total 274.1 b.kr. and foreign assets amounted to 65.3 b.kr.
Domestic liabilities amounted to 158.5 b.kr. of which share of insurance and pension entitlements amounted to 142.6 b.kr. Foreign liabilities amounted to 393 m.kr.
Equity of insurance companies amounted to 180.5 b.kr. at the end of April and increased by 4.8 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