Best’s Commentary: Market Preparedness for IFRS 17 in the MENA Region Varies
LONDON – IFRS 17, the new accounting standard for insurance contracts, will affect many insurers across the Middle East and North Africa (MENA) when it comes into force for reporting periods beginning on or after 1 January 2023. Analysis from AM Best suggests preparation for the new regime varies significantly by country and insurer. A […]