News Middle East22 Mar 2022

GAIF:IFRS 17 to enhance insurers' transparency

| 22 Mar 2022

Implementation of the financial reporting standard "IFRS 17 Insurance Contracts" will enhance the transparency and consistency of data in the insurance sector, said speakers at a webinar organised by the General Arab Insurance Federation (GAIF) last week to shed light on the principles of the new accounting standards and the accompanying challenges.

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