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The Danish Guarantee Fund for Non-life Insurers

NEWS

Information regarding Gefion Insurance A/S

 

On 29 June 2020, the Danish Financial Supervisory Authority announced that Gefion Insurance A/S' license as an insurance company has been withdrawn.

News

Request for return of premium for byggeskadeforsikringer

 

Policyholders of byggeskadeforsikringer from Qudos Insurance A/S under bankruptcy can request a return of premium via a claim form on Qudos Insurance A/S’s website.

News

Request for return of premium for ejerskifteforsikringer

 

Policyholders of ejerskifteforsikringer from Qudos Insurance A/S under bankruptcy can request a return of premium via a claim form on Qudos Insurance A/S’s website.

Members

Members of the Danish Guarantee Fund

 

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

 

 

 

News

18. Jan. 2021

Coverage by the Danish Guarantee Fund of UK companies post Brexit

Several UK companies are members of the Danish Guarantee Fund, and these companies are as of January 1, 2021 encompassed by a limited permission due to Brexit. This means that these companies are not allowed to renew or enter new contracts but may only service existing policies, cf. Executive Order no. 1808 of 3 December 2020. These policies are covered by the Guarantee Fund until 31 December 2021.
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30. Oct. 2020

Collection of contribution to the Guarantee Fund for 2021

The Danish Financial Supervisory Authority has instructed the Guarantee Fund to continue collecting contributions from members of the Guarantee Fund in 2021, in order to re-establish the Guarantee Fund’s capital of DKK 300 mio.
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4. Sep. 2020

CBL Insurance Europe Dac - deadline to report a claim to the Guarantee Fund is 12 september 2020

Under section 6 of the Guarantee Fund Act, claims that are to be covered by the Guarantee Fund must be notified to the Guarantee Fund no later than 6 months after the bankruptcy decree was issued on 12 March 2020. Therefore, deadline to report a claim expires on 12 September 2020.
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