New Danish regulations impacting workers’ compensation insurance
Recent changes in Danish workers’ compensation insurance regulation have prompted some of the largest Danish non-life insurers to announce significant premium increases of e.g. 9.3%. The new regulation was adopted in December 2023 and effectively by January 1st 2024 and July 1st 2024. The new regulation extends the coverage of workers’ compensation insurance. Most notably, the new regulation changes how the annual salary used to calculate the loss of earning capacity is set. The annual…
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