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12.2.2014 : Operating licence of the European Risk Insurance Company hf. withdrawn

The Financial Supervisory Authority has withdrawn the operating licence issued to the European Risk Insurance Company hf. (ERIC), Reg. No. 661103-2210, as the company no longer complies with the provisions of Act No. 56/2010 on insurance activity with regards to minimum solvency requirements and has surrendered its licence to operate as an insurance company, as provided in the first paragraph of Article 90 of the cited Act.

6.2.2014 : A note on the status of the European Risk Insurance Company (ERIC)

Internet news media in  the UK has today published news about the status of the European Risk Insurance Company (ERIC), an Icelandic insurance company operating outside Iceland, stating that the company was no longer accepting new business.





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