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1 Jan 2019

Mandatory membership of the Danish Guarantee Fund for Non-Life Insurers

As of 1 January 2019 all direct providers of non-life insurance in the EU/EEC which through branches or cross-border services provide (or wish to provide) non-life insurance in Denmark, are obliged to be a member of the Danish Guarantee Fund for Non-Life Insurers
20 Dec 2018

Qudos Insurance declared bankrupt

By a decree issued by the Maritime and Commercial Court in Copenhagen on 20 December 2018, Qudos Insurance A/S filed for bankruptcy. In that connection, the Court of Appeal appointed Attorney Boris Frederiksen from Kammeradvokaten/ Poul Schmith as insolvency administrator
15 Jun 2018

Collection of contribution to the Fund for 2019

The Danish Financial Supervisory Authority has instructed the Fund to collect contributions from members of the Guarantee Fund, in order to re-establish the Fund’s capital of DKK 300 mio.
8 May 2018

Alpha Insurance declared bankrupt

By a decree issued by the Maritime and Commercial Court in Copenhagen on 8 May 2018, Alpha Insurance A/S filed for bankruptcy. In that connection, the Court of Appeal appointed Attorney Boris Frederiksen from Kammeradvokaten/ Poul Schmith as insolvency administrator.