- 09.08.2010
- New legislation on insurance activities
- A new Act on insurance activities, No. 56/2010 (Lög um vátryggingastarfsemi), was recently enacted in Iceland to replace the earlier Act No. 60/1994. The Act covers direct insurance activities involving non-life insurance and personal insurance in addition to reinsurance of any kind; as before, supervision of insurance activities is entrusted to the Financial Supervisory Authority (FME).
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- 15.07.2010
- FME: updated telephone information
- The Financial Supervisory Authority in Iceland (FME) now has a new phone number: 520 3700. The fax number of FME has also changed and is 520 3727.
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- 11.06.2010
- The FME Annual Report 2009 is now available in English
- The FME Annual Report 2009 is now available in English. The report discusses the fall of the Icelandic commercial banks in October 2008, government measures taken as a result of the bank crisis and the significant changes that occurred in the Icelandic financial market in the wake of the economic collapse.
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- 03.06.2010
- Most Icelandic insurance companies show profit in 2009
- The Financial Supervisory Authority of Iceland (FME) has published tables containing the annual accounts of insurance companies with a licence in Iceland and the result of insurance classes in 2009.
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