Sunday 01, October 2017 by

KPMG calls on Middle East insurers to ramp up focus on IFRS 17 adoption

IFRS 17, the new accounting standard for insurance contracts issued earlier this year, presents significant change for insurance companies in the UAE and the wider Middle East, according to KPMG, the global network of professional services firms providing Audit, Tax and Advisory services, which calls on insurers to speed up their adoption of global standards.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more