English translation of article 8 of the Swiss Insurance Supervision Act

Minimum capital

Chapter 2: Taking up insurance activities
Section 2: Requirements
> Art. 7 Legal form
< Art. 9 Capital resources

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 8 of the Swiss Insurance Supervision Act 

Minimum capital

1 An insurance company domiciled in Switzerland must have a minimum capital of 3-20 million Swiss Francs depending on the insurance lines it operates.

2 The Federal Council shall issue provisions on the minimum capital for each insurance line.

3 FINMA shall determine the required capital on a case-by case basis.