Stay Compliant, Transparent, and Audit-Ready

Insurance Is Built on Risk, Your Finance Shouldn’t Be

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.

High Compliance. High Stakes.

Regulatory and Tax Hurdles of Insurance Firms

Complex Revenue Structures

Complex Revenue Structures

Revenue from policy sales, underwriting, and reinsurance requires structured treatment for accurate reporting.

Claims & Reserve Management

Claims & Reserve Management

Estimating and recording claims liabilities needs precision, audit-readiness, and regulatory alignment.

VAT on Fees & Premiums

VAT on Fees & Premiums

VAT classification for broker fees, admin charges, and service bundles is often misapplied or misunderstood.

Multi-Authority Filings

Multi-Authority Filings

Insurers must meet strict and timely reporting requirements—often across multiple authorities.

Corporate Tax

Corporate Tax

New tax regulations require restructured entity models and proactive tax planning.

Built for brokers, insurers, TPAs, and reinsurers

Expert Financial Advisory for the Insurance Sector

VAT Filing & Reconsideration

VAT Filing & Reconsideration

We ensure proper VAT application across commission income, admin fees, and service charges.

Bookkeeping & Claim Accounting

Bookkeeping & Claim Accounting

Accurate entries for premium income, claims reserves, payouts, and reinsurance transactions.

Corporate Tax Advisory

Corporate Tax Advisory

Our experts help assess and optimize your CIT liability across underwriting, investments, and business operations.

CBUAE Coordination

CBUAE Coordination

We support insurance firms with timely submissions, internal controls, and audit preparedness in line with Central Bank requirements.

UBO, ESR & Reporting Support

UBO, ESR & Reporting Support

We offer comprehensive management of ownership filings, ESR tests, and international reporting requirements where applicable.

Your Industry. Our Expertise

Partner with Asad Abbas & Co. to unlock smarter decisions and stronger growth.

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