Danish regulator demands action as it identifies ‘serious liquidity problems’ at Gefion
Unrated Danish insurer Gefion Insurance must have liquid assets of at least €5m (£4.2m) by the end of the year amid fears by the regulator that the company has “serious liquidity problems.”
A summary of the regulator’s order stated: “The Danish Financial Supervisory Authority considers that the company has serious liquidity problems.
“Hence, the interests of the policyholders and
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