The Standing Committee on Finance and Economic Affairs proposes expanding the insurance guarantee scheme to cover claims arising from insolvency of insurers operating on a cross-border basis in Norway. The committee majority argues the expansion ensures equal treatment of claimants regardless of where they purchased their insurance. Members from the Socialist Left Party and Red Party have submitted a minority proposal to expand the occupational injury insurance association's coverage instead.
AI-generated summary · Model: Claude Haiku 4.5 · Generated: 14 May 2026
These are the proposals in the document, not decisions. See the votes for the outcome.
Section 5-5, subsection 3 shall read: (3) For cross-border operations in this realm from another EEA state, Chapter 1 and the provisions in Section 9-1 subsections 2 and 3, Section 9-2, Sections 9-4 to 9-6, Section 12-27, Section 13-5 subsection 4, Sections 16-5 to 16-9, Section 16-11, Sections 16-13 to 16-16, Section 20A-3 subsection 3, Section 22-1, and Section 22-2 shall apply accordingly.
Section 20A-1, subsection 2 shall read: (2) The guarantee scheme shall ensure payment of claims arising from direct insurance contracts to the policyholder and injured third parties when the insurer covering the risk is undergoing insolvency proceedings or liquidation as defined in Directive 2009/138/EC Article 268 no. 1 letter d or equivalent procedures.
Section 20A-3, new subsection 3 shall read: (3) When an insurer with its head office in another EEA state conducts direct insurance through cross-border operations in this realm pursuant to Section 5-5, the insurer shall be a member of the guarantee scheme. Current subsection 3 becomes new subsection 4.
Minority proposal from the Socialist Left Party and Red Party: The Storting requests that the government submit to the Storting a bill expanding the occupational injury insurance act's scope such that the Occupational Injury Insurance Association handles and covers claims arising from insolvency of insurers offering occupational injury insurance on a cross-border basis within the EEA.