Danish Regulator gives stark warning about Gefion
Gefion has ’serious liquidity’ problems, according to the Danish Regulator.
The Danish FCA has now ordered Gefion to ‘not expand its scope of business’.
In another worrying statement, the Danish FCA said the interests of policyholders are ‘at risk’, meanwhile, Gefion does not comply with solvency capital requirements.
The Danish FCA said trying to solve liquidity issues through premium growth would be ‘inappropriate’.
Gefion has been one of the UK’s fastest expanding unrated insurers, with Insurance Times last year revealing the rate of its growth.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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