Insurance companies are required to produce an annual report in accordance with the Swiss Code of Obligations and a supervisory report in accordance with the ISA and ISO. If an insurance company is part of an insurance group or conglomerate, it must also submit consolidated financial statements. Moreover, listed companies must meet the reporting requirements set out in the Stock Exchange Act (SESTA).
The annual report and financial statements are produced primarily for the public, while the supervisory report is intended for FINMA. Both reports and the financial statements must be submitted to FINMA by the end of April of the following year; reinsurers have until the end of June.
FINMA can also require additional reporting from companies throughout the financial year and define special requirements for the annual report and financial statements.