General good conditions for non-life insurance

Class 8

Attention is drawn to the fact that concerning fire insurance of buildings (class 8) minimum conditions apply in Denmark in order to protect the pledge (Executive Order No. 856 of 21 October 2002). A copy in English is enclosed for information. 


Insurance companies underwriting fire insurance in Denmark are required by law to collect a DKK 20 annual fee per fire insurance policy. This sum covers the cost of a compensation scheme for flood and windstorm in woods. The scheme is administered by a Flood and Windstorm Council assisted by the insurance companies. The Flood and Windstorm Council has its secretariat by the Danish Insurance Association, Amaliegade 10, DK-1256 Copenhagen K.


 

Class 10

The cover of risks classified under 10 (Motor vehicle liability) is, as third party motor liability insurance is a compulsory insurance in Denmark, subject to specific rules and it is therefore necessary for the company to make a notification to SKAT, the Central Register for Motor Vehicles, Helgeshøj alle 9, DK-2630 Taastrup.


The Danish Financial Supervisory Authority has for information passed a copy of this letter on to the Central Register for Motor Vehicles.


When the Danish Financial Supervisory Authority receives information from the Central Register for Motor Vehicles about right to exercise third party motor liability insurance the Supervisory Authority will notify the company within class 10.


It is a condition for operating on a services basis within class 10 (Motor vehicles liability) that the com-pany fulfils the conditions in Art. 12 of a Directive 88/35/EEC inserted by Art. 6 of Directive 90/618/EEC.


That means, inter alia,that the company must become a member of and participate in the financing of the national bureau and the national guarantee fund in Denmark, cf. Art. 12a, 2.


In Denmark the national bureau, (the green card bureau) and the guarantee fund are one and the same body named Dansk Forening for International Motorkøretøjsforsikring (Danish Motor Insurers' Bureau). Its address is Amaliegade 10, DK – 1256 Copenhagen K.


It is also a condition that the company appoints a (claim) Representative, cf. the rules in Art. 12 a, 4.


The cover of risks classified under class 10 is, as third party motor liability insurance is a compulsory insurance in Denmark, subject to specific rules and it is therefore necessary for the company to make a notification to SKAT, the Central Register for Motor Vehicles, Helgeshøj alle 9, DK-2630 Taastrup.


The Danish Financial Supervisory Authority must emphasize that the above-mentioned requirements must be fulfilled before the company can begin to operate on a services basis within class 10 in Denmark.


 

Class 13

Liability insurance for injury or damage caused by dogs is a compulsory insurance in Denmark (Executive Order No. 485 of 25 September 1984 – only available in Danish).


If an insurance company wants to cover this risk – classified under class 13 – it is obliged to be a mem-ber of the association: "Foreningen af forsikringsselskaber til overtagelse af lovpligtig ansvarsforsikring for hunde". The address of this association is Amaliegade 10, DK – 1256 Copenhagen K. The insurance and the membership of the association include a special compulsory guarantee arrangement for injury or damage caused by unknown and uninsured dogs.


Other compulsory insurances in Denmark:

  • Liability insurance for injury or damage caused by nuclear installations.
  • Lawyers' liability insurance.
  • Auditors' liability insurance. 
  • Liability for injury or damage caused by hunting. The general and specific conditions of this in-surance have to be forwarded to: Miljøministeriet (Ministry of environmental affairs), Højbro Plads 4, DK – 1200 Copenhagen K, before being circulated.
  • Patients' insurance (hospitals).
  • Aircraft liability insurance.
  • Liability insurance for injury or damage caused by horses.


This list is not exhaustive.


 

Class 17

According to Art. 3.2 in Directive 87/344/EEC the undertaking has to provide the DFSA with which options they have decided abide by (either a, b or c) in the notification.


 

Class 18

The undertaking shall inform DFSA which means it will use to roadside services, cf. Art. 6 in Directive 84/641/EEC.