Mandatory membership of the Guarantee Fund
The following insurance companies must be a member of and contribute to the Guarantee Fund:
- All non-life insurance companies based in Denmark
- Non-life insurance companies based in a country within the EU/EEA that has been notified by the Danish Financial Supervisory Authority to carry out insurance business in Denmark through a branch or cross-border service business.
- All life insurance companies based in Denmark with permission by the Danish Financial Supervisory Authority to carry out industrial injury insurance.
- Life insurance companies based in a country within the EU/EEA that has been notified by the Danish Financial Supervisory Authority to carry out industrial injury insurance business in Denmark through a branch or cross-border service business.