News

09 October 2015
News

Governance assessment: new online survey on corporate governance at insurance companies

As part of its governance assessment tool, FINMA will periodically conduct corporate governance online surveys at supervised insurance companies starting at the end of 2015. 
The surveys include questions about company structure, governing bodies and control functions.

Captive reinsurers, branches of foreign insurance companies in Switzerland and general health insurance companies also offering supplementary health insurance products do not have to complete the survey. Neither do insurance groups at group level supervised by FINMA. All other insurance companies under FINMA supervision, however, must complete the survey as of 31 December 2015. 

The survey will be available online. Insurance companies will receive the access data to complete the first survey in December. Please note that the deadlines for its completion are the same as those set for supervisory reporting: 30 April 2016 for direct insurers and 30 June 2016 for reinsurers.