English translation of article 54a of the Swiss Insurance Supervision Act

Claims arising from insurance contracts

Chapter 5: Supervision
Section 2: Protective measures, liquidation and bankruptcy
> Art. 54 Execution of the bankruptcy proceedings

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 54a of the Swiss Insurance Supervision Act 

Claims arising from insurance contracts

1 Claims of insured which can be determined from the books of the insurance company are considered to be filed.

2 The proceeds of the tied assets shall serve to cover in the first place the claims arising from the insurance contracts secured according to article 17. A surplus is allocated to the insolvency’s estate.
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