Insurance | KPMG | AL

Insurance

Insurance

Our Insurance practice comprises multi-disciplinary teams with extensive experience.

Our Insurance practice comprises multi-disciplinary teams with extensive experience.

Albania actively seeks to develop its insurance and reinsurance industry. Today’s insurance businesses face an enormous number of challenges, ranging from market regulation and oversight to changes in customer preferences and new competition. Every change contains both risks and new opportunities. We understand all aspects of the insurance business. Our close connection with regulators, comprehension of the key issues and deep client insights help clients minimize impact to their daily operations.

Clients expect their professional advisers to have deep knowledge of the industries in which they operate. When considering the 9% annual growth of the total assets of the insurance sector in Kosovo, deep industry experience is no longer an option, it is essential. 

Leveraging both our global reach and our in-depth knowledge of the insurance industry, built upon expertise in audit, tax and advisory work across the insurance sector, KPMG in Albania and Kosovo helps general and life insurers with financial and regulatory reporting, risk and capital management, tax services, financial analysis and modelling, together with a broad range of organizational improvement strategies.

At KPMG in Albania and Kosovo, we have dedicated insurance professionals across our Audit, Tax and Advisory practices. In addition, thanks to KPMG’s global network of almost 6,000 insurance experts, we can provide clear and consistent solutions to many of our clients' issues wherever they arise.

We can assist you with:  

  • Internal control system enhancement  
  • Solvency II implementation  
  • Risk modelling  
  • Amended IFRS 4 and new IFRS 9 implementation  
  • Mergers and acquisitions  
  • Audit and attestation services  
  • Tax, legal and regulatory services

 

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