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 Insurance has been ordered by the Danish Financial Supervisory Authority (DFSA) to publish supplementary and corrective information for its annual report for 2018.
The regulator stated that the unrated Danish insurer cannot recognise the value of one of its reinsurance contracts. In addition, it noted that Gefion had not sent in its annual report on time.
In response, Gefion said it disagreed with the decision, which comes more than seven months after the company presented its final
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