Few captives in Copenhagen

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<title>Few captives in Copenhagen</title>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080265151">
<namePart>Hammerstrom, Walther</namePart>
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<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080444051">
<namePart>The Winchester Group</namePart>
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<abstract>Denmark's underwriting industry is almost as old as  those of Germany and Britain, since it began in 1731 with the foundation of a fire insurer, Kjobenhavns Brandforsikring. Such a tradition implies that is must be a saturated market, and the future of Danish insurance will therefore much depend on the level of adaptation to the framework of the European Community. In this respect, Copenhagen has somehow got the regulation abroad for being an ideal base for captive companies - largely because our four Nordic neighbours remain as yet in EFTA rather than the EC. In fact, there are few captives in Denmark (although several Danish companies may have such offshoots elsewhere) and no dramatic growth in hosting them expected</abstract>
<note type="statement of responsibility">Walther Hammerstrom</note>
<note>Donación de AGERS</note>
<note>Ponencia publicada en "Global reinsurance : Monte Carlo 9th-14th september : Baden Baden 21st-25th october"</note>
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<topic>Documento AGERS</topic>
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