Danish regulator orders Gefion to stop writing business


The Danish Financial Services Authority (DFSA) has ordered Gefion Insurance to stop writing new business.

The move comes after the regulator decided not to approve Gefion’s recovery plan and the order will remain in force until the DFSA can approve a new plan or Gefion complies with its solvency capital requirement.

Insurance Age reported earlier this year that Gefion had been ordered not to expand its scope of business.

In response, Gefion stated that it “does not agree with the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: