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

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

Policyholders of ejerskifteforsikringer from Qudos Insurance A/S under bankruptcy (sold by Frida Forsikring Agentur A/S) can request a return of premium via a claim form on Qudos Insurance A/S’s website.

Under section 6 of the Guarantee Fund Act, compensation 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 20 December 2018. Therefore, deadline to report a claim for compensation expires on 20 June 2019.

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

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

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

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.