100% FDI is Permitted in the Insurance Industry of Denmark

Date: 2015-09-01

“• The Danish Financial Supervisory Authority is responsible for supervising and regulating the insurance and reinsurance industry of Denmark.

• 100% FDI is permitted in the insurance industry of Denmark.

• Composite insurance is not permitted in the Danish insurance industry.

• IPT is imposed at a rate of 1.1% on non-life insurance policies except a few classes of insurance.

• The placement of non-admitted insurance is not permitted in the country. However, EEA and EU member state insurers are permitted to underwrite and sell non-admitted insurance contracts.”

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