Denmark
Gefion ordered not to expand its scope of business
The Danish regulator says the unrated provider has “serious liquidity problems” as Gefion says it is in progressed discussions with potential capacity providers.
Danish regulator orders Gefion to correct information
Gefion has disagreed with the decision, as the regulator points to issues with one of the provider's reinsurance contracts.
Gefion meets €5m liquidity deadline
The Danish provider has complied with the order from a regulator to have liquid assets of at least €5m by the end of 2019, after further investment from shareholders.
Pukka steps away from Gefion
The MGA moved away from the troubled unrated Danish provider earlier this year.
Gefion set end of year liquidity deadline by Danish regulator
The struggling unrated Danish provider must have €5m in liquid assets by end of this month as watchdog points to “serious” problems.
Alpha, Enterprise and Gable failures set FSCS back £276m
Organisation also expects brokers to carry out the due diligence on replacement carriers.
Acturis continues international expansion with French buy
Software house's deal to buy Add Value Assurances follows purchases in Canada, Germany and Denmark.
Gefion secures €6m recapitalisation deal
The unrated Danish provider has been looking to recapitalise since July when the Danish regulator ordered it not to increase its volumes of business due to its solvency situation.
Premium Credit to cease working with Gefion
Premium finance provider has had unrated Gefion under "active review" since October and says move follows the various actions imposed by the Danish regulator, including the restatement of Gefion's solvency ratio.
Acturis buys Zycomp Systems in Canada
Move follows the software house's expansion into the German market.
Danish watchdog orders Gefion to recalculate solvency level
Regulator says the unrated Danish provider has a solvency ratio of 105% after assessment.
Unrated Gefion reports losses in 2018
Danish provider received cash injection to improve its solvency ratio on 6 May.
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.
Qudos Insurance liquidator writes to UK customers
Danish provider declared bankrupt on 20 December 2018.
Unrated Danish insurer Qudos declared bankrupt
FSCS vows to work with liquidator and Danish authorities.
Review of the year: May 2018
May was all about the collapse of Alpha. Aviva pulling agency with GRP also caught brokers' interest along with Amazon's potential insurance plans.
Unrated Danish insurer goes into liquidation
Portfolios put into run-off with Darag.
Premium Credit reviewing Gefion position
Close Brothers to end non-recourse policies for Danish insurer’s product.
Close Brothers to end non-recourse products for Gefion Insurance
Premium finance provider will still issue recourse policies for the insurer.
Markerstudy supports Right Choice on £6m book after Alpha bankruptcy
Insurer picked up car and bike policies.
Close Brothers praises brokers as it deals with nearly 17,000 Alpha cases
Premium finance firm says working in partnership has delivered better outcomes for customers.
Alpha: Cover My Cab steps in with Gefion policies
The move follows the collapse of Danish provider Alpha which left many taxi drivers uninsured.
Unrated Danish insurer Gefion in €2m cash injection deal with shareholders
UK experts say cash injection is in response to growth as provider notes move was made to increase its solvency limits.
Liquidation recommended for CBL Corporation
Administrators say it is in the interests of creditors for the company, which is linked to Alpha Insurance, to liquidate ahead of watershed meeting.