Solvency II - Insurance

Each year starting in 2017, the Danish FSA is required to disclose aggregate statistical data on insurance undertakings, insurance groups and the Danish FSA.

The Solvency II Directive contains a large number of options that Member States may exercise when transposing the Directive into national law. Information concerning the exercising of these options is disclosed on this page.

The insurance sector is largely based on trust. Policyholders expect their private insurers to be reliable, often over a period of many years. In regard to supervision in the field of insurance, the Danish FSA therefore primarily undertakes to protect the interests of policyholders, thereby helping to ensure that policyholders are highly likely to receive the funds to which they are entitled.

Solvency II aims to ensure greater transparency and accountability in the insurance sector. This means that both insurance undertakings and supervisory authorities must make comprehensive information available to the public.

The regulation in the field of insurance is complex and consists of both Danish and European legislation. To make it easier to take in, the Danish FSA therefore publishes the applicable regulation on an ongoing basis, including any general guidance.

The Danish FSA aims to intervene at as early a stage as possible, which is why the supervision in the field of insurance is forward-looking. The insurance undertakings are assessed not only in the context of current risks, but also in the context of risks that could arise in the future.