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Insurance companies in September 2024

Total assets of insurance companies amounted to 283.6 b.kr. at the end of September. Of total assets, assets of non-life insurance companies amounted to 263.1 b.kr. and assets of life-insurance companies amounted to 20.6 b.kr.
Domestic assets of the companies were in total 233.3 b.kr. and foreign assets amounted to 50.3 b.kr.

Domestic liabilities amounted to 161.0 b.kr. of which share of insurance and pension entitlements amounted to 144.9 b.kr. Foreign liabilities amounted to 185 m.kr.

Equity of insurance companies amounted to 122.4 b.kr. at the end of September and decreased by 49.9 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