The total after tax profit of domestic insurance companies was 13.5 bn. ISK in 2007 compared to 19.5 bn. ISK in 2006. Around 70% of the profit stems from financial activities. However, the profit from financial activities decreased with 8 bn. ISK compared to 2006 and 17 bn. ISK compared to 2005.
The Financial Supervisory Authority (FME) has issued Guidelines on Best Practices for Managing Liquidity in Financial Undertakings. The guidelines apply to both parent companies and consolidated financial institutions as applicable.