Federal Office of Private Insurance

E605954

The Federal Office of Private Insurance was the former Swiss federal authority responsible for supervising private insurance companies before its functions were integrated into the Swiss Financial Market Supervisory Authority (FINMA).

All labels observed (4)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf Swiss federal authority
abbreviation BPV
OFAP
UFAP
appliesTo Swiss insurance market
cross‑border insurance activities involving Switzerland
country Switzerland
dissolved 2009
field private insurance
hasObjective ensure solvency of private insurers
ensure stability of Swiss insurance sector
protect insured persons from insolvency risk of insurers
hasRegulatoryFunction market conduct supervision of insurers
protection of policyholders
prudential supervision of insurers
headquartersLocation Bern
industry financial regulation
insurance regulation
isPartOfHistoryOf Swiss financial market supervision
Swiss insurance regulation
jurisdiction Switzerland
languageOfWorkOrName French
German
Italian
locatedIn Bern
locatedInAdministrativeTerritorialEntity Swiss Confederation
canton of Bern
mergerInto Swiss Financial Market Supervisory Authority
nativeName Bundesamt für Privatversicherungen
Office fédéral des assurances privées
Ufficio federale delle assicurazioni private
operatedUnder Swiss insurance supervision law
parentOrganization Swiss federal administration
partOf Federal Department of Finance
reasonForDissolution integration into integrated financial market supervisor FINMA
replaced previous fragmented supervision of private insurers at federal level
replacedBy Swiss Financial Market Supervisory Authority
sector insurance supervision
seeAlso Anti‑Money Laundering Control Authority
Federal Banking Commission
Swiss Financial Market Supervisory Authority
successor Swiss Financial Market Supervisory Authority
supervised private insurance companies in Switzerland
reinsurance companies in Switzerland

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Swiss Financial Market Supervisory Authority formedByMergerOf Federal Office of Private Insurance
Federal Office of Private Insurance nativeName Bundesamt für Privatversicherungen
linked to: Federal Office of Private Insurance
Federal Office of Private Insurance nativeName Office fédéral des assurances privées
linked to: Federal Office of Private Insurance
Federal Office of Private Insurance nativeName Ufficio federale delle assicurazioni private
linked to: Federal Office of Private Insurance