English translation of article 69 of the Swiss Insurance Supervision Act

Capital resources

Chapter 6: Special provisions regarding the supervision of insurance groups and insurance conglomerates
Section 1: Insurance groups 

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 69 of the Swiss Insurance Supervision Act 

Capital resources

1 The Federal Council shall determine the eligible capital resources on a group-wide basis.

2 FINMA shall specify the required capital resources. This shall be done based on the internationally recognised principles existing in the insurance sector and shall take into account the significance of the other business sectors as well as the associated risks.