English translation of article 52 of the Swiss Insurance Supervision Act

Liquidation

Chapter 5: Supervision
Section 2: Protective measures, liquidation and bankruptcy
> Art. 51 Protective measures

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 52 of the Swiss Insurance Supervision Act 

Liquidation

The withdrawal by FINMA of an insurance company’s authorisation for business activities shall result in its dissolution. FINMA shall appoint the liquidator and supervise its activities.
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