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 also submits consolidated financial statements. Moreover, listed companies must meet the reporting requirements set out in the Stock Exchange Act (SESTA).
The annual report is produced primarily for the shareholders , while the supervisory report is intended for FINMA. Both reports must be submitted to FINMA by the end of April of the following year; reinsurers have until the end of June.
FINMA can require additional reporting from companies throughout the financial year and define special requirements for the annual report .