At the end of each quarter and no later than on the 15th of the month following the end of each quarter, the insurance company is to notify the Danish Storm Council of the size of the due fee, divided among each insurance category. The notification is to be signed by the company's management.

The amount due for one quarter includes fees that fall due for payment in that particular quarter. Fees that can be written off as uncollectible are deducted from the fee of the quarter during which the write-off of the earned premiums takes place.

An insurer's due quarterly fees are to be paid to the Storm Council before the end of the month following the end of each quarter. If the fee is not paid on a timely basis, monthly interest of 1.3% will accrue for each commenced month from the last timely pay date; however, the amount of interest can be no less than DKK 20.

Due amounts are to be paid to

Danske Bank
Holmens Kanal 2-12
København K
SWIFT: DABADKKK
IBAN NR.: DK8430004001336746

The notifications are to be sent to

Stormrådet
Att.: Linda Brest lbr@forsikringogpension.dk
Philip Heymans Allé 1
2900 Hellerup

Download storm damage tax report