Regulatory & Compliance Reporting in UAE & Gulf
Ensuring Compliance with IFRS 17, Solvency II, & UAE Insurance Regulations
The insurance and financial sectors in the UAE and Gulf operate under strict regulatory frameworks that require insurers, reinsurers, and financial institutions to maintain compliance, transparency, and solvency. Failure to meet these regulatory requirements can lead to financial penalties, reputational risks, and operational disruptions.
Why Risk Assessment & Reserving Matter
Without accurate and timely regulatory compliance reporting, companies risk
Regulatory Non-Compliance
Failure to meet IFRS 17, Solvency II, and UAE insurance regulations may result in legal penalties.
Financial Reporting Errors
Poor compliance documentation can lead to audit failures and financial misstatements.
Capital & Solvency Issues
Insufficient compliance can lead to inadequate capital reserves, risking financial instability.
Operational Disruptions
Non-compliance can cause delays in approvals, licensing issues, and increased regulatory scrutiny.
Who Needs This Service?
We conduct a detailed review of compliance gaps, risk exposure, and financial reporting requirements.
Using actuarial and financial models, we align solvency, risk-based capital, and financial disclosures with UAE & Gulf regulations.
We provide fully compliant actuarial reports, solvency calculations, and IFRS-compliant financial disclosures for regulatory submission.
IFRS 17 & IFRS 9 Compliance Reporting
Helping insurers comply with IFRS 17 (Insurance Contracts) and IFRS 9 (Financial Instruments) through actuarial modeling and financial reporting support.
Key Benefits:
✔ IFRS 17-compliant actuarial valuation & reserve calculations
✔ Risk-based capital modeling for IFRS 9 reporting
✔ Transition impact analysis & financial disclosures
Solvency & Capital Adequacy Reporting
Ensuring insurers meet solvency requirements by assessing risk-based capital (RBC) adequacy and stress testing financial reserves.
Key Benefits:
✔ Solvency II-equivalent framework compliance
✔ UAE Central Bank solvency margin calculations
✔ Stress testing & risk exposure assessments
Regulatory Filings & Actuarial Audit Reports
Providing fully compliant regulatory filings and actuarial audits for insurance firms operating under UAE & GCC insurance regulations.
Key Benefits:
✔ Regulatory actuarial audits & solvency certification
✔ UAE Central Bank & DIFC reporting compliance
✔ Market conduct & regulatory risk assessments
Risk-Based Capital (RBC) & Financial Reporting
Helping insurers align capital adequacy strategies with risk exposure and regulatory requirements.
Key Benefits:
✔ Capital adequacy assessments & risk management strategies
✔ Financial statement disclosures for compliance audits
✔ RBC modeling for solvency risk optimization
UAE & DIFC Insurance Regulatory Compliance
Ensuring insurers operate within CBUAE, SAMA, and GCC regulatory frameworks through tailored compliance risk management solutions.
Key Benefits:
✔ UAE Central Bank & DIFC insurance reporting compliance
✔ Regulatory capital reporting & monitoring
✔ Actuarial-driven compliance risk assessment
IFRS 17 ensures that insurance liabilities, reserves, and financial statements are calculated accurately, ensuring transparency and regulatory compliance.
Solvency II establishes risk-based capital requirements, ensuring insurers maintain adequate reserves to cover claims and financial obligations.
Yes, we offer comprehensive compliance reporting and actuarial audits aligned with UAE & GCC insurance frameworks.