News Middle East23 Aug 2023

GCC:Net impact on listed insurers' equity widens to -2.1% as more embrace IFRS 17 in 2Q2023

| 23 Aug 2023

The GCC region has seen, halfway through 2023, both an increase in the adoption of IFRS 17 by 83% of listed insurers (1Q2023: 78%) and strict adherence to reporting timelines with no extensions granted for the 2Q2023 financial statements.

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