Supervised activities
The following parties are subject to supervision by the Insurance Authority
Insurance Companies
Non-life
P/F Trygd - www.trygd.fo
(*) The insurance company can provide services in insurance classes 1-3, 6-10, 12-13 og 16-18
P/F Betri Trygging - www.betri.fo
(*) The insurance company can provide services in insurance classes 1-3 og 5-17
Life
P/F Betri Pensjón - www.betri.fo
(*) The insurance company can provide services in insurance classes I, III and non-life insurance classes 1-2
P/F Tryggingarfelagið Lív (Lív 2) - www.liv.fo
(*) The insurance company can provide services in insurance classes I, III, VI and non-life insurance classes 1-2
P/F NordikLív Lívstryggingarfelag - www.nordikliv.fo
(*) The insurance company can provide services in insurance classes I, III and non-life insurance classes 1-2
(Limited to in danish: Tilladelsen er begrænset til at tegne et årig dødsfaldssum (restgældsforsikringer og dødsfaldsdækninger m/u aftrapning) og summer ved visse kritiske sygdomme, samt sum eller løbende invaliderente.
Tilladelsen er ligeledes begrænset til at tegne ugaranterede livrenter.)
Pension Funds
Eftirlønargrunnur Løntakaranna - www.livsverk.fo
Insurance intermediaries
| Undertakings | Persons responsible | Intermediaries | Insurance distribution |
Sp/F Íti Landavegur 18, ov. | Ali Celebi | Ali Celebi | Non-life insurance |
Sp/F Howden Tryggingarmekling Á Gaddi 4 FO-520 Leirvík | Arne Vatnhamar | Arne Vatnhamar | Non-life Insurance |
Mortgage Credit Institutions
Føroya Realkreditstovnur - www.realkredit.fo
Insurance services from headquarters outside the Faroes
Icelandic non-life insurance companies
Vátryggingafélag Íslands hf. * (Public limited company) - www.vis.is
Ármúli 3
108 Reykjavík
Iceland
(*) The insurance company can provide services in insurance classes 1-3, 6-9 and 12-18.
Sjóvá-Almennar tryggingar hf * (Public limited company) - www.sjova.is
Kringlunni 5
103 Reykjavík
Iceland
(*) The insurance company can provide services in insurance classes 1-3, 5-9 and 11-18.
TM tryggingar hf * www.tm.is
Síðumúli 24
108 Reykjavík
Ísland
(*) The insurance company can provide services in insurance classes 1, 6-9 and 12-13.
Vörður tryggingar hf.*
Borgartúni 19
105 Reykjavík
Ísland
(*) The insurance company can provide services in insurance classes 1-3, 5-9 and 11-18.
Danish non-life insurance companies
Tryg Forsikring A/S
Klausdalsbrovej 601
2750 Ballerup
Denmark
(*) The insurance company and its Norwegian branch can provide services in insurance classes 1,2,7, 8,9 and 13-16.
Dansk Fartøjsforsikring A/S
Havnegade 15
9400 Nørresundby
Denmark
(*) The insurance company can provide services in insurance classes:
Class 1: Accidents (Does not include workers compensation)
Class 6: Fully comprehensive insurance for ships
Class 7: Goods in transit (Limited to insurance of cargo)
Class 12: Third party liability for ships
Class 16: Miscellaneous financial loss (Limited to consequential losses, novelty value and premium)
PrivatSikring A/S
Gammel Kongevej 60
1790 København V
Denmark
(*) The insurance company can provide services in insurance classes:
Class 1: Accidents (Does not include workers compensation)
Class 16: Miscellaneous financial loss
TopDamnark Forsikring A/S
Borupvang 4
2750 Ballerup
Denmark
(*) The insurance company can provide services in insurance class 1-3, 6-9,11-13, 16 and 18.
Danske Forsikring A/S
Borupvang 4
2750 Ballerup
Denmark
(*) The insurance company can provide services in insurance class 1.
Europæiske Rejseforsikring A/S
Frederiksberg Allé 3
1790 København V
Denmark
(*) The insurance company and its Sweedish branch can provide services in insurance classes: 1-3, 5, 7-9, 11, 13-14 and 16-18.
Købstædernes Forsikring, gensidig
Strandgade 27
1401 København K
Denmark
(*) The insurance company can provide services in insurance class 2.
Codan Forsikring A/S
Gl. Kongevej 60,
1790 Frederiksberg
Denmark
(*) The insurance company can provide services in insurance classes 1-9 and 11-17.
Alm. Brand Forsikring A/S
Midtermolen 7
2100 København Ø
Denmark
(*) The insurance company can provide services in insurance classes 1-9 og 11-17.
Danish life insurance companies
Forsikrings-Aktieselskabet Alka Liv II
Klausdalsbrovej 601
2750 Ballerup
Denmark
(*) The insurance company can provide services in insurance class I. General life assurance
SEB Pensionsforsikring A/S
Bernstoffsgade 50
1577 København V
Denmark
(*) The insurance company can provide services in insurance classes:
I. General life assurance
III. Insurance attached to collective investment funds
Alm. Brand Liv & Pension A/S
Midtermolen 7
2100 København Ø
Denmark
(*) The insurance company can provide services in insurance class I. General life assurance
Nordea Liv & Pension Livsforsikringsselskab A/S
Klausdalsbrovej 615
2750 Ballerup
Denmark
(*) The insurance company can provide services in insurance class I. General life assurance
Tryg Livsforsikring A/S
Klausdalsbrovej 615
2750 Ballerup
Denmark
(*) The insurance company can provide services in insurance class
I. General life assurance:
a) Life assurance is limited in the form of terminable life insurance with a lump sum pament in the event of death within a one-year insurance period and before a given termination age.
c) supplementary insurance contracts underwritten in connection with life assurance (in particular, insurance against personal injury including incapacity for employment and insurance against death resulting from an accident or insurance against disability resulting from an accident or sickness).