The insurance industry in the UAE is highly regulated, data-intensive, and under constant financial scrutiny. From handling claim reserves and commissions to complying with Central Bank, VAT, and corporate tax regulations, managing finance in insurance goes far beyond balance sheets.
At Asad Abbas & Co., we understand the financial DNA of insurance companies. Whether you are a broker, TPA, or direct insurer, our expert team helps you maintain accurate financials, streamline reporting, and ensure compliance with evolving tax and disclosure laws.
Revenue from policy sales, underwriting, and reinsurance requires structured treatment for accurate reporting.
Estimating and recording claims liabilities needs precision, audit-readiness, and regulatory alignment.
VAT classification for broker fees, admin charges, and service bundles is often misapplied or misunderstood.
Insurers must meet strict and timely reporting requirements—often across multiple authorities.
New tax regulations require restructured entity models and proactive tax planning.
We ensure proper VAT application across commission income, admin fees, and service charges.
Accurate entries for premium income, claims reserves, payouts, and reinsurance transactions.
Our experts help assess and optimize your CIT liability across underwriting, investments, and business operations.
We support insurance firms with timely submissions, internal controls, and audit preparedness in line with Central Bank requirements.
We offer comprehensive management of ownership filings, ESR tests, and international reporting requirements where applicable.
Partner with Asad Abbas & Co. to unlock smarter decisions and stronger growth.
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