The Danish Guarantee Fund for Non-life Insurers

The Danish Financial Supervisory Authority (DFSA) has on the 14th of August 2025 instructed the Danish Guarantee Fund for Non-life insures (The Fund) to collect contributions in 2026, fixed at DKK 5 per further specified consumer insurances written or renewed in Denmark. The DFSA has also instructed the Fund to collect contributions fixed at DKK 30 per insured under an industrial injury insurance policy, including violent injury insurance policy (converted into full time employees) written or renewed in Denmark in 2026. Furthermore, the DFSA has instructed the Guarantee Fund in 2026 to collect DKK 5 per motor liability insurance policy, that is written or renewed by Danish insurance companies within the European Union or countries with which the Union has financial agreements.

All non-life insurance companies who are notified to carry out insurance business in Denmark must be members of the Guarantee Fund

As of 1 July 2023, Danish and foreign life insurance companies that have been authorised by the Danish Financial Supervisory Authority to conduct industrial industrial insurance business must be members of the Danish Guarantee Fund.

The Danish Financial Supervisory Authority has clarified that the term "vehicle" in Section 2, subsection 2 of the Act on a Guarantee Fund for Non-Life Insurance Companies shall be interpreted in accordance with Section 2, number 14 of the Danish Road Traffic Act. This implies that the definition of a "motor vehicle" shall be used in connection with contributions to the Guarantee Fund for Non-Life Insurance Companies. Similarly, the definition of a "motor vehicle" in the Executive Order on the Greenlandic Road Traffic Act shall be used for motor insurance risks in Greenland.