Regulatory Alerts2024-12-05
Order on Permits for Non-Life Insurance Undertakings and Captive Reinsurance Undertakings
Issued by the Danish Financial Supervisory Authority, this Order establishes the requirements for obtaining permits for non-life insurance and captive reinsurance undertakings in Denmark. It mandates specific application documentation, including business plans and details on significant shareholders, and defines the 18 insurance classes and associated accessory risks covered by such permits. The regulation supersedes previous legislation and enters into force on January 1, 2025.
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