Danish regulator disputes Gefion’s reported 130% solvency ratio, dropping it to 105%
The Danish Financial Supervisory Authority has pegged Gefion’s solvency ratio as just 105% at May 2019, rather than the 130% the company has claimed.
This is despite a recent capital injection and bolstered reinsurance, measures the unrated Danish insurer took on as its solvency ratio plummeted to 72% in 2018.
Gefion had reduced its solvency
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