Swiss Financial Market Supervisory Authority FINMA

Annual Report 2014

Technical provisions

Technical provisions form the backbone of a company’s balance sheet. Insufficient provisions can jeopardise the interests of insured persons. FINMA uses a variety of procedures to determine whether technical provisions are sufficient. It defines a range of audit depths and complexities, from standardised basic audits to actuarial reserve reviews.


Number of technical provision audits in 2014


FINMA’s multi-level approach to auditing technical provisions


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