New state loan facility for war insurance of ships
Official title (in Danish): Lov om ændring af lov om krigsforsikring af skibe (Statslig låneramme, udvidelse af forsikringsdækning og ændring af, hvilke skibe der er omfattet af loven m.v.)
In short
Reading time: 1 min- What changes:
- The act introduces a state loan facility of DKK 6 billion for the War Risks Insurance Institute, if the Minister for Business decides to set up a war insurance institute for ships.
- The purpose of the act is to make it possible to pay out compensation immediately, if the institute is activated in case of war.
- Who: The act matters for shipping companies with Danish-flagged ships, which must pay contributions to the institute if it is activated.
- When: The Act entered into force on 31 August 2026.
Written by AI from verbatim quotes from the source and checked by code and AI. Dates, tables and the fact box are calculated by fixed rules. Unofficial translation. Always read the original.
Sources and original
Read the official text (in Danish) →
The case at the Danish Parliament (ft.dk)
Source: Retsinformation.dk
Translated from Danish · The Danish version and the original source apply.
Summary by the Danish Parliament (in Danish)
Lovforslaget har til formål at sikre, at danske skibe kan fortsætte med at sejle i tilfælde af krig, selv hvis det kommercielle krigsforsikringsmarked bryder sammen. Det skal gøre Krigsforsikringsinstituttet operationelt med kort varsel og derved også styrke forsyningssikkerheden til Danmark, Færøerne og Grønland. Med lovforslaget foreslås det bl.a.: – at etablere en statslig låneramme på op til 6 mia. kr., som skal give Krigsforsikringsinstituttet likviditet til at kunne udbetale erstatninger straks ved instituttets aktivering. – at udvide forsikringsdækning til også at omfatte skibets ansvar for skader og tab vedrørende besætning, passagerer og last (P&I-forsikring). – at der åbnes for muligheden for, at administrationen af instituttet kan delegeres til private aktører med relevante kompetencer. – at opdatere afgrænsningen af, hvilke skibe der er omfattet af loven, i lyset af ændringer i sølovens regler om optagelse under dansk flag.
Source: Folketinget (ft.dk). Reproduced unchanged.
Timeline
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- Introduced · 8 October 2025Status in the Danish Parliament: Fremsat
- Passed · 2 December 2025Status in the Danish Parliament: 3.beh./Vedtaget
- Stadfæstet · 16 December 2025Status in the Danish Parliament: Stadfæstet
- Date to be set later · 17 December 2025Status in the Danish Parliament: Stadfæstet
- In force · 31 August 2026Status in the Danish Parliament: Stadfæstet