Gefion ordered to publish supplementary corrective accounts
The Danish regulator has told Gefion to restate its 2017 results and half-year report for 2018 but Gefion insists the business is healthy.
Danish provider Gefion Insurance A/S has been ordered to re-publish its 2017 annual report and half year report for 2018 with supplementary and corrective information.
The Danish Financial Supervisory Authority (DFSA) made the order earlier this month and stated that the restated accounts should refrain from recognising a minor deferred tax asset.
A statement on Gefion’s website showed that the provider, which is unrated, “does not agree with the decision”.
According to Gefion, this is
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