Regulatory Alerts2025-05-26
Order on Contributions to the Guarantee Fund for Property Insurance Undertakings
The Danish Financial Supervisory Authority issues this Order to regulate the mandatory quarterly contributions that various insurance undertakings must pay to the Guarantee Fund for Property Insurance Undertakings. The regulation defines the scope of liable entities, including direct insurers and branches, and establishes distinct calculation methods for consumer policies based on fixed per-policy fees and for occupational accident insurance based on the number of insured persons. It further details the payment schedules, the authority to pass costs to policyholders, and the conditions under which contribution obligations commence or cease.
Share