English translation of article 22 of the Swiss Insurance Supervision Act

Risk management 

Chapter 3: Conduct of insurance activities
Section 2: Risk management
> Art. 21 Participations
< Art. 23 Appointment and function

This page contains an English translation of the below Article of the Swiss Insurance Supervision Act (ISA) and is part of a web based Swiss ISA commentary in German language. Should you require qualified written legal advice on the ISA from a Swiss lawyer please do not hesitate to contact: Melissa Gautschi

Article 22 of the Swiss Insurance Supervision Act 

 Risk management

1 The insurance company must be organised in such a manner that it can, in particular, identify, limit and monitor all significant risks.

2 The Federal Council shall issue provisions on the objective, content and documentation of the risk management.

3 FINMA shall regulate the monitoring of risks by the insurance company.